Deutsche Bank Aktiengesellschaft Boosts International Distributions Services (LON:IDS) Price Target to GBX 268

International Distributions Services (LON:IDS) had its price objective boosted by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 160 ($1.99) to GBX 268 ($3.34) in a report released on Thursday, Marketbeat Ratings reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential downside of 0.45% from the stock’s previous close.

International Distributions Services Stock Down 2.5 %

Shares of International Distributions Services stock opened at GBX 269.20 ($3.35) on Thursday. The company has a debt-to-equity ratio of 99.90, a current ratio of 1.03 and a quick ratio of 1.02. International Distributions Services has a 1 year low of GBX 191.20 ($2.38) and a 1 year high of GBX 291.20 ($3.63). The firm’s 50-day moving average is GBX 239.43 and its two-hundred day moving average is GBX 251.15. The stock has a market cap of £2.58 billion, a price-to-earnings ratio of -256.95, a PEG ratio of 0.90 and a beta of 1.56.

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.