International Distributions Services (LON:IDS) Price Target Raised to GBX 240 at JPMorgan Chase & Co.

International Distributions Services (LON:IDSGet Rating) had its price objective lifted by JPMorgan Chase & Co. from GBX 190 ($2.25) to GBX 240 ($2.84) in a research report released on Tuesday, MarketBeat.com reports. They currently have a neutral rating on the stock.

Other equities analysts also recently issued research reports about the company. Berenberg Bank reduced their price target on International Distributions Services from GBX 480 ($5.68) to GBX 370 ($4.38) and set a buy rating for the company in a research report on Friday, November 18th. Deutsche Bank Aktiengesellschaft reaffirmed a sell rating and set a GBX 120 ($1.42) price target on shares of International Distributions Services in a research report on Friday, November 18th. Finally, Barclays reiterated an equal weight rating and set a GBX 250 ($2.96) price objective on shares of International Distributions Services in a research note on Tuesday, November 15th.

International Distributions Services Stock Down 1.9 %

LON:IDS opened at GBX 239.60 ($2.83) on Tuesday. International Distributions Services has a twelve month low of GBX 173.65 ($2.05) and a twelve month high of GBX 531.40 ($6.28). The company has a debt-to-equity ratio of 41.49, a current ratio of 1.10 and a quick ratio of 1.02. The company has a market cap of £2.29 billion and a price-to-earnings ratio of 381.56.

About International Distributions Services

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International Distributions Services plc, together with its subsidiaries, operates as a universal postal service provider. The company offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It also provides services for the collection, sorting, and delivery of parcels and letters.

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