Numis Securities Ltd Reiterates Hold Rating for DX (Group) PLC (DX)
DX (Group) PLC (LON:DX)‘s stock had its “hold” rating reiterated by Numis Securities Ltd in a report released on Wednesday. They presently have a GBX 23 ($0.30) price objective on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 12.20% from the company’s previous close.
DX (LON:DX) opened at 20.375 on Wednesday. DX has a 12-month low of GBX 13.50 and a 12-month high of GBX 93.50. The stock’s 50 day moving average is GBX 17.84 and its 200 day moving average is GBX 19.04. The company’s market cap is GBX 40.80 million.
About DX (Group) PLC
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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