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Royal Mail (LON:RMG)‘s stock had its “sell” rating reiterated by equities research analysts at Deutsche Bank in a research report issued on Friday, ThisIsMoney.Co.Uk reports.
RMG has been the subject of a number of other research reports. Societe Generale decreased their target price on shares of Royal Mail from GBX 208 ($2.72) to GBX 200 ($2.61) and set a “hold” rating for the company in a research report on Wednesday. Goldman Sachs Group cut their price target on shares of Royal Mail from GBX 310 ($4.05) to GBX 300 ($3.92) and set a “buy” rating on the stock in a report on Monday, November 25th. Liberum Capital reduced their price target on Royal Mail from GBX 185 ($2.42) to GBX 175 ($2.29) and set a “sell” rating on the stock in a research report on Wednesday, November 27th. Royal Bank of Canada decreased their price objective on Royal Mail from GBX 315 ($4.12) to GBX 200 ($2.61) and set a “sector performer” rating for the company in a report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. decreased their price objective on Royal Mail from GBX 192 ($2.51) to GBX 159 ($2.08) and set an “underweight” rating for the company in a report on Friday, November 22nd. Five equities 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. Royal Mail presently has an average rating of “Hold” and a consensus price target of GBX 211.54 ($2.76).
Shares of Royal Mail stock opened at GBX 218.50 ($2.86) on Friday. The company has a quick ratio of 0.74, a current ratio of 0.76 and a debt-to-equity ratio of 32.69. The company has a market cap of $2.19 billion and a P/E ratio of 6.76. The firm’s 50 day moving average price is GBX 217.59 and its 200-day moving average price is GBX 212.17. Royal Mail has a 52-week low of GBX 186.80 ($2.44) and a 52-week high of GBX 315.70 ($4.13).
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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