International Distributions Services (LON:IDS) Price Target Cut to GBX 300

International Distributions Services (LON:IDS) had its price objective lowered by analysts at JPMorgan Chase & Co. from GBX 310 ($3.81) to GBX 300 ($3.68) in a research note issued on Monday, Digital Look reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 23.81% from the stock’s current price.

Separately, Barclays reissued an “equal weight” rating and set a GBX 265 ($3.25) price objective on shares of International Distributions Services in a report on Friday.

International Distributions Services Stock Up 0.1 %

IDS traded up GBX 0.30 ($0.00) on Monday, reaching GBX 242.30 ($2.98). The company’s stock had a trading volume of 1,248,817 shares, compared to its average volume of 2,139,081. International Distributions Services has a 1 year low of GBX 191.20 ($2.35) and a 1 year high of GBX 277.50 ($3.41). The business’s 50 day moving average is GBX 251.96 and its 200 day moving average is GBX 240.07. The company has a debt-to-equity ratio of 63.07, a current ratio of 0.99 and a quick ratio of 1.02. The stock has a market cap of £2.32 billion, a price-to-earnings ratio of -266.26, a price-to-earnings-growth ratio of 0.90 and a beta of 1.67.

About International Distributions Services

International Distributions Services plc, together with its subsidiaries, operates as a universal postal service provider in the United Kingdom and internationally. 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.