International Distributions Services plc (OTCMKTS:ROYMY) Given Consensus Recommendation of “Hold” by Brokerages

International Distributions Services plc (OTCMKTS:ROYMY – Get Rating) has been given a consensus rating of “Hold” by the ten brokerages that are covering the stock, Marketbeat.com reports. One investment analyst has 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 12-month target price among brokerages that have issued a report on the stock in the last year is $318.50.

A number of research firms have recently issued reports on ROYMY. BNP Paribas began coverage on International Distributions Services in a research note on Thursday, December 1st. They issued an “outperform” rating for the company. HSBC lowered International Distributions Services from a “buy” rating to a “hold” rating in a research note on Monday, December 12th. Finally, JPMorgan Chase & Co. raised their price objective on International Distributions Services from GBX 190 ($2.29) to GBX 240 ($2.90) in a research note on Tuesday, November 22nd.

International Distributions Services Stock Performance

Shares of OTCMKTS:ROYMY opened at $5.94 on Monday. The business has a 50-day moving average of $5.53 and a two-hundred day moving average of $5.37. International Distributions Services has a 12 month low of $3.90 and a 12 month high of $10.17.

International Distributions Services Company Profile

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International Distributions Services Plc engages in the provision of postal and delivery services. It operates through the following segments: Royal Mail and General Logistics Systems (GLS). The Royal Mail segment collects, sorts and delivers letters and parcels across the UK. The GLS segment operates in continental Europe and the Republic of Ireland and has a ground-based deferred parcel delivery network in Europe.