Royal Mail Plc (LON:RMG) “Neutral” Rating Has Just Been Reiterated by JP Morgan Cazenove

Royal Mail Plc (LON:RMG) Rating Reaffirmed

This Morning, JP Morgan Cazenove kept their “Neutral” rating on Royal Mail Plc (LON:RMG) shares in a report sent to investors and clients.

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 3.85% above currents GBX 203.9 stock price. Royal Mail Plc had 22 analyst reports since April 1, 2019 according to SRatingsIntel. HSBC downgraded the stock to “Hold” rating in Friday, June 7 report. The rating was upgraded by JP Morgan to “Neutral” on Tuesday, June 4. The firm has “Hold” rating by Berenberg given on Monday, April 1. The firm earned “Underperform” rating on Monday, June 3 by Jefferies. The firm has “Overweight” rating by Barclays Capital given on Wednesday, May 22. The firm earned “Buy” rating on Friday, May 24 by Goldman Sachs. The firm has “Underperform” rating by Credit Suisse given on Wednesday, May 29. The firm earned “Hold” rating on Friday, June 14 by Societe Generale. The stock has “Hold” rating by Liberum Capital on Friday, May 24. Deutsche Bank maintained the shares of RMG in report on Tuesday, June 4 with “Sell” rating.

The stock decreased 1.45% or GBX 3 during the last trading session, reaching GBX 203.9. About 3.94M shares traded. Royal Mail plc (LON:RMG) has 0.00% since August 29, 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 2.04 billion GBP. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It has a 11.65 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 recent Royal Mail plc (LON:RMG) news were published by: Finance.Yahoo.com which released: “What Do Analysts Think About Royal Mail plc’s (LON:RMG) Future? – Yahoo Finance” on May 29, 2019. Also Finance.Yahoo.com published the news titled: “Royal Mail plc (LON:RMG): Immense Growth Potential? – Yahoo Finance” on July 28, 2019. Finance.Yahoo.com‘s news article titled: “Do Institutions Own Shares In Royal Mail plc (LON:RMG)? – Yahoo Finance” with publication date: May 09, 2019 was also an interesting one.