Barclays restated their equal weight rating on shares of null (LON:IDS – Get Rating) in a research note issued to investors on Tuesday morning, MarketBeat reports. Barclays currently has a GBX 250 ($2.94) price objective on the stock.
Several other research firms have also commented on IDS. Deutsche Bank Aktiengesellschaft cut their price target on shares of null from GBX 144 ($1.69) to GBX 120 ($1.41) and set a sell rating on the stock in a report on Tuesday, October 18th. JPMorgan Chase & Co. cut their price target on shares of null from GBX 270 ($3.17) to GBX 190 ($2.23) and set a neutral rating on the stock in a report on Monday, October 17th.
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IDS opened at GBX 237.30 ($2.79) on Tuesday. The company has a debt-to-equity ratio of 41.49, a quick ratio of 1.02 and a current ratio of 1.10. null has a 1 year low of GBX 173.65 ($2.04) and a 1 year high of GBX 531.40 ($6.24). The company has a market capitalization of £2.27 billion and a P/E ratio of 370.78.
About null
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Royal Mail 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. In addition, the company operates ground-based parcel delivery networks in Europe that covers 40 countries and nation states.
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