International Distributions Services (LON:IDS – Get Free Report) 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 %
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.
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