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JPMorgan Chase & Co. restated their neutral rating on shares of Royal Mail (LON:RMG) in a research note issued to investors on Friday, September 20th, Digital Look reports.
Other equities analysts also recently issued research reports about the company. Barclays reiterated an overweight rating on shares of Royal Mail in a research report on Friday, July 12th. Berenberg Bank reiterated a hold rating and set a GBX 240 ($3.14) price target on shares of Royal Mail in a research report on Thursday, June 20th. Deutsche Bank reiterated a sell rating on shares of Royal Mail in a research report on Friday, July 12th. Morgan Stanley upgraded Royal Mail to an equal weight rating in a research report on Monday, July 15th. Finally, Liberum Capital restated a hold rating on shares of Royal Mail in a research report on Thursday, July 18th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. Royal Mail presently has a consensus rating of Hold and a consensus target price of GBX 246.33 ($3.22).
Royal Mail stock traded up GBX 1 ($0.01) during midday trading on Friday, hitting GBX 202 ($2.64). 2,303,860 shares of the company were exchanged, compared to its average volume of 5,850,000. The firm has a market capitalization of $2.02 billion and a PE ratio of 11.54. 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). The business has a fifty day simple moving average of GBX 209.59 and a two-hundred day simple moving average of GBX 223.35. The company has a debt-to-equity ratio of 12.04, a quick ratio of 0.73 and a current ratio of 0.82.
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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