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Royal Mail (LON:RMG)‘s stock had its “neutral” rating reissued by research analysts at JPMorgan Chase & Co. in a report released on Tuesday, August 20th, ThisIsMoney.Co.Uk reports.
A number of other analysts have also weighed in on the stock. Jefferies Financial Group reissued an “underperform” rating on shares of Royal Mail in a report on Thursday, July 11th. Deutsche Bank reaffirmed a “sell” rating on shares of Royal Mail in a research note on Friday, July 12th. Societe Generale raised shares of Royal Mail to a “hold” rating and reduced their price objective for the company from GBX 235 ($3.07) to GBX 208 ($2.72) in a research note on Friday, June 14th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Royal Mail in a research note on Monday, June 10th. Finally, Liberum Capital reissued a “hold” rating on shares of Royal Mail in a research report on Thursday, July 18th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 250.46 ($3.27).
Shares of Royal Mail stock traded up GBX 4.20 ($0.05) during midday trading on Tuesday, reaching GBX 210.80 ($2.75). The company had a trading volume of 3,597,333 shares, compared to its average volume of 5,850,000. The company has a current ratio of 0.82, a quick ratio of 0.73 and a debt-to-equity ratio of 12.04. The company has a market capitalization of $2.11 billion and a price-to-earnings ratio of 12.05. The stock has a fifty day simple moving average of GBX 207.31 and a 200 day simple moving average of GBX 230.41. Royal Mail has a 1-year low of GBX 186.80 ($2.44) and a 1-year high of GBX 492.50 ($6.44).
Royal Mail Company Profile
Royal Mail plc, together with its subsidiaries, operates as an universal postal service provider in the United Kingdom, the United States, and other European countries. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. The company also provides services for the collection, sorting, and delivery of parcels and letters; and designs and produces stamps and philatelic items, as well as offers media and marketing mail services.
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