JPMorgan Chase & Co. Raises International Distributions Services (OTCMKTS:ROYMY) Price Target to GBX 240

International Distributions Services (OTCMKTS:ROYMYGet Rating) had its price objective lifted by JPMorgan Chase & Co. from GBX 190 ($2.25) to GBX 240 ($2.84) in a report released on Tuesday, The Fly reports.

A number of other equities research analysts have also weighed in on the stock. Barclays lowered shares of International Distributions Services to an equal weight rating in a report on Monday, October 17th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of International Distributions Services from GBX 222 ($2.63) to GBX 144 ($1.70) in a research report on Friday, September 30th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of Hold and a consensus target price of $335.67.

International Distributions Services Price Performance

ROYMY opened at $5.77 on Tuesday. International Distributions Services has a fifty-two week low of $3.90 and a fifty-two week high of $14.40. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.10 and a quick ratio of 1.09. The company’s 50 day moving average price is $4.85 and its two-hundred day moving average price is $6.24.

About International Distributions Services

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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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Analyst Recommendations for International Distributions Services (OTCMKTS:ROYMY)

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