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Royal Mail (LON:RMG)‘s stock had its “overweight” rating reissued by investment analysts at Barclays in a research report issued to clients and investors on Monday, October 14th, ThisIsMoney.Co.Uk reports.
RMG has been the topic of a number of other research reports. Jefferies Financial Group reissued an “underperform” rating on shares of Royal Mail in a research report on Thursday, July 11th. Morgan Stanley raised shares of Royal Mail to an “equal weight” rating in a research report on Monday, July 15th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Royal Mail in a research report on Friday, September 20th. Deutsche Bank reaffirmed a “sell” rating on shares of Royal Mail in a research report on Friday, July 12th. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 240 ($3.14) price objective on shares of Royal Mail in a research report on Thursday, June 20th. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 215.50 ($2.82).
Shares of Royal Mail stock traded up GBX 6.30 ($0.08) on Monday, hitting GBX 223.10 ($2.92). The company had a trading volume of 2,008,687 shares, compared to its average volume of 5,850,000. The stock has a 50-day moving average of GBX 214.25 and a 200-day moving average of GBX 217.27. 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 firm has a market capitalization of $2.24 billion and a P/E ratio of 12.75. Royal Mail has a twelve month low of GBX 186.80 ($2.44) and a twelve month high of GBX 367 ($4.80).
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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