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JPMorgan Chase & Co. reiterated their neutral rating on shares of Royal Mail (LON:RMG) in a report issued on Friday, September 20th, Digital Look reports.
Several other brokerages have also recently commented on RMG. Barclays restated an overweight rating on shares of Royal Mail in a report on Friday, July 12th. Societe Generale upgraded Royal Mail to a hold rating and decreased their target price for the stock from GBX 235 ($3.07) to GBX 208 ($2.72) in a report on Friday, June 14th. Credit Suisse Group decreased their target price on Royal Mail from GBX 238 ($3.11) to GBX 183 ($2.39) and set an underperform rating on the stock in a report on Wednesday, May 29th. HSBC cut Royal Mail to a hold rating and decreased their target price for the stock from GBX 300 ($3.92) to GBX 216 ($2.82) in a report on Friday, June 7th. Finally, Jefferies Financial Group restated an underperform rating on shares of Royal Mail in a report on Thursday, July 11th. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of GBX 250.46 ($3.27).
Shares of LON:RMG opened at GBX 212.30 ($2.77) on Friday. The business’s fifty day moving average price is GBX 209.68 and its two-hundred day moving average price is GBX 225.47. The company has a debt-to-equity ratio of 12.04, a current ratio of 0.82 and a quick ratio of 0.73. The stock has a market capitalization of $2.11 billion and a price-to-earnings ratio of 12.13. Royal Mail has a fifty-two week low of GBX 186.80 ($2.44) and a fifty-two week high of GBX 491.10 ($6.42).
About Royal Mail
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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