International Distributions Services plc (LON:IDS – Get Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as GBX 335 ($4.21) and last traded at GBX 314.80 ($3.95), with a volume of 16752369 shares trading hands. The stock had previously closed at GBX 271.40 ($3.41).
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upped their target price on shares of International Distributions Services from GBX 160 ($2.01) to GBX 268 ($3.37) and gave the stock a “hold” rating in a research note on Thursday, April 18th. Barclays reissued a “suspended” rating on shares of International Distributions Services in a research report on Thursday, April 18th.
Check Out Our Latest Report on IDS
International Distributions Services Trading Down 0.6 %
International Distributions Services Company Profile
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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