International Distributions Services plc (OTCMKTS:ROYMY – Get Rating) has earned a consensus recommendation of “Hold” from the eleven analysts that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $318.50.
A number of brokerages have recently commented on ROYMY. BNP Paribas began coverage on International Distributions Services in a research report on Thursday, December 1st. They issued an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft dropped their price target on International Distributions Services from GBX 222 ($2.70) to GBX 144 ($1.75) in a research report on Friday, September 30th. HSBC cut International Distributions Services from a “buy” rating to a “hold” rating in a research report on Monday, December 12th. JPMorgan Chase & Co. boosted their price target on International Distributions Services from GBX 190 ($2.31) to GBX 240 ($2.92) in a research report on Tuesday, November 22nd. Finally, Barclays cut International Distributions Services to an “equal weight” rating in a research report on Monday, October 17th.
International Distributions Services Trading Up 3.1 %
ROYMY stock opened at $5.60 on Friday. International Distributions Services has a fifty-two week low of $3.90 and a fifty-two week high of $13.65. The business’s 50 day moving average price is $5.42 and its two-hundred day moving average price is $5.65.
International Distributions Services Company Profile
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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