Barclays Capital Reiterates The Overweight Rating They’ve had for Royal Mail Plc (LON:RMG) Shares

Royal Mail Plc (LON:RMG) Rating Reaffirmed

Barclays Capital maintained their Overweight rating on Royal Mail Plc (LON:RMG) shards via a note shared with investors on Monday morning.

Royal Mail plc (LON:RMG) Ratings Coverage

Among 5 analysts covering Royal Mail Plc (LON:RMG), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Royal Mail Plc has GBX 310 highest and GBX 150 lowest target. GBX 218.60’s average target is 9.35% above currents GBX 199.9 stock price. Royal Mail Plc had 27 analyst reports since May 29, 2019 according to SRatingsIntel. The firm has “Underperform” rating by Jefferies given on Monday, June 3. On Wednesday, October 9 the stock rating was maintained by RBC Capital Markets with “Sector Performer”. Societe Generale upgraded the shares of RMG in report on Friday, June 14 to “Hold” rating. Deutsche Bank maintained the stock with “Sell” rating in Tuesday, June 4 report. The stock of Royal Mail plc (LON:RMG) has “Hold” rating given on Friday, June 7 by HSBC. The rating was maintained by Goldman Sachs with “Buy” on Monday, October 28. JP Morgan maintained it with “Underweight” rating and GBX 159 target in Friday, November 22 report. The firm has “Neutral” rating by JP Morgan given on Tuesday, June 4. JP Morgan downgraded Royal Mail plc (LON:RMG) rating on Tuesday, October 29. JP Morgan has “Underweight” rating and GBX 192 target. As per Wednesday, May 29, the company rating was maintained by Credit Suisse.

The stock increased 0.73% or GBX 1.45 during the last trading session, reaching GBX 199.9. About 9.49M shares traded or 93.83% up from the average. Royal Mail plc (LON:RMG) has 0.00% since November 25, 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 2.00 billion GBP. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It has a 6.19 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 notable 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 with their article: “Is Royal Mail (LON:RMG) A Risky Investment? – Yahoo Finance” published on August 19, 2019, Finance.Yahoo.com published: “Royal Mail plc (LON:RMG): Immense Growth Potential? – Yahoo Finance” on July 28, 2019. More interesting news about Royal Mail plc (LON:RMG) were released by: Finance.Yahoo.com and their article: “These Factors Make Royal Mail plc (LON:RMG) An Interesting Investment – Yahoo Finance” published on September 11, 2019 as well as Finance.Yahoo.com‘s news article titled: “Read This Before Selling Royal Mail plc (LON:RMG) Shares – Yahoo Finance” with publication date: June 16, 2019.