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Royal Mail (LON:RMG)‘s stock had its “sell” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts have also issued reports on the stock. Liberum Capital restated a “sell” rating on shares of Royal Mail in a report on Friday, December 6th. Royal Bank of Canada cut their price target on shares of Royal Mail from GBX 315 ($4.14) to GBX 200 ($2.63) and set a “sector performer” rating on the stock in a report on Wednesday, October 9th. Credit Suisse Group restated an “underperform” rating on shares of Royal Mail in a report on Thursday, October 17th. Societe Generale cut their price target on shares of Royal Mail from GBX 208 ($2.74) to GBX 200 ($2.63) and set a “hold” rating on the stock in a report on Wednesday, December 4th. Finally, Goldman Sachs Group lowered their price objective on shares of Royal Mail from GBX 310 ($4.08) to GBX 300 ($3.95) and set a “buy” rating on the stock in a research report on Monday, November 25th. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 211.54 ($2.78).
RMG stock opened at GBX 229.90 ($3.02) on Thursday. Royal Mail has a 52-week low of GBX 186.80 ($2.46) and a 52-week high of GBX 315.70 ($4.15). The company’s 50 day simple moving average is GBX 217.78 and its 200-day simple moving average is GBX 211.80. The company has a debt-to-equity ratio of 32.69, a current ratio of 0.76 and a quick ratio of 0.74. The firm has a market capitalization of $2.29 billion and a P/E ratio of 7.12.
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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