DX (Group) PLC (DX) Receives “Hold” Rating from Numis Securities Ltd
DX (Group) PLC (LON:DX)‘s stock had its “hold” rating restated by analysts at Numis Securities Ltd in a report issued on Wednesday. They currently have a GBX 23 ($0.30) price objective on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 15.00% from the stock’s current price.
Shares of DX (LON:DX) traded down 9.09% during mid-day trading on Wednesday, reaching GBX 20.00. The company had a trading volume of 1,762,874 shares. The stock has a 50 day moving average of GBX 17.68 and a 200-day moving average of GBX 19.03. The firm’s market capitalization is GBX 40.05 million. DX has a one year low of GBX 13.50 and a one year high of GBX 93.50.
DX (Group) PLC Company Profile
DX (Group) plc is a United Kingdom-based independent parcel, mail and logistics services company, which operates throughout the United Kingdom and Ireland. The Company provides next day and 2-Man deliveries to business and residential addresses. Its segments include Parcels and freight, which offers services, such as DX 1-Man (engaged in the delivery of irregular dimension and weight items), DX Courier (provides next day parcel services) and DX 2-Man (offers a business to consumer home delivery solution for heavier and bulkier items); Mail and packets, which include services, such as DX Exchange, DX Secure and DX Mail, and Logistics, which offers DX Logistics services that provide a range of solutions, such as basic warehousing, stock management (including pick and pack) and delivery.
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