Home / Royal Mail / Investor Outlook: Royal Mail Plc (LON:RMG) Neutral Rating Maintained at JP Morgan Cazenove Today

Investor Outlook: Royal Mail Plc (LON:RMG) Neutral Rating Maintained at JP Morgan Cazenove Today

Royal Mail Plc (LON:RMG) Rating Reaffirmed

In analysts report published by JP Morgan Cazenove on Tuesday, 20 August, The Rating on Royal Mail Plc (LON:RMG) shares of a ‘Neutral’ was reiterated.

Royal Mail plc (LON:RMG) Ratings Coverage

Among 4 analysts covering Royal Mail Plc (LON:RMG), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Royal Mail Plc has GBX 320 highest and GBX 150 lowest target. GBX 211.75’s average target is 10.86% above currents GBX 191 stock price. Royal Mail Plc had 22 analyst reports since April 1, 2019 according to SRatingsIntel. The firm has “Hold” rating by Societe Generale given on Friday, June 14. Goldman Sachs upgraded Royal Mail plc (LON:RMG) rating on Friday, May 24. Goldman Sachs has “Buy” rating and GBX 320 target. Deutsche Bank maintained it with “Sell” rating and GBX 150 target in Tuesday, June 4 report. The firm earned “Hold” rating on Friday, June 7 by HSBC. The stock of Royal Mail plc (LON:RMG) has “Underperform” rating given on Wednesday, May 29 by Credit Suisse. The stock of Royal Mail plc (LON:RMG) has “Overweight” rating given on Wednesday, May 22 by Barclays Capital. JP Morgan upgraded Royal Mail plc (LON:RMG) rating on Tuesday, June 4. JP Morgan has “Neutral” rating and GBX 252 target. The firm has “Hold” rating given on Friday, May 24 by Liberum Capital. Berenberg upgraded Royal Mail plc (LON:RMG) on Monday, April 1 to “Hold” rating. The stock of Royal Mail plc (LON:RMG) earned “Underperform” rating by Jefferies on Monday, June 3.

The stock decreased 4.40% or GBX 8.8 during the last trading session, reaching GBX 191. About 995,656 shares traded. Royal Mail plc (LON:RMG) has 0.00% since August 20, 2018 and is . It has by 0.00% the S&P500.

Royal Mail plc operates as an universal postal service well-known provider in the United Kingdom and other European countries. The company has market cap of 1.91 billion GBP. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It has a 10.91 P/E ratio. The firm also provides services for the collection, sorting, and delivery of parcels and letters; and creates and produces stamps and philatelic items, as well as offers media and marketing mail services.

More important recent Royal Mail plc (LON:RMG) news were published by: Finance.Yahoo.com which released: “Royal Mail plc (LON:RMG): Immense Growth Potential? – Yahoo Finance” on July 28, 2019, also Finance.Yahoo.com published article titled: “Do Institutions Own Shares In Royal Mail plc (LON:RMG)? – Yahoo Finance”, Finance.Yahoo.com published: “Is Royal Mail (LON:RMG) A Risky Investment? – Yahoo Finance” on August 19, 2019. More interesting news about Royal Mail plc (LON:RMG) was released by: Finance.Yahoo.com and their article: “What Do Analysts Think About Royal Mail plc’s (LON:RMG) Future? – Yahoo Finance” with publication date: May 29, 2019.

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.


Source link

About admin

Check Also

Royal Mail to scrap Saturday second-class post for nearly a million households next year amid huge shake-up of the business

By JESSICA CLARK, BUSINESS REPORTER Published: 17:02 EST, 22 December 2024 | Updated: 18:06 EST, …

Leave a Reply

Your email address will not be published. Required fields are marked *