International Distributions Services (LON:IDS) Given New GBX 268 Price Target at Deutsche Bank Aktiengesellschaft

International Distributions Services (LON:IDS) had its price objective upped by Deutsche Bank Aktiengesellschaft from GBX 160 ($1.99) to GBX 268 ($3.34) in a research report sent to investors on Thursday, Marketbeat reports. The brokerage currently has a hold rating on the stock.

International Distributions Services Stock Down 1.7 %

IDS opened at GBX 270.60 ($3.37) on Thursday. The stock has a market cap of £2.59 billion, a PE ratio of -262.29, a P/E/G ratio of 0.90 and a beta of 1.56. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 99.90. International Distributions Services has a 52 week low of GBX 191.20 ($2.38) and a 52 week high of GBX 291.20 ($3.63). The business’s fifty day simple moving average is GBX 239.43 and its 200 day simple moving average is GBX 251.15.

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.