Related Articles
JPMorgan Chase & Co. restated their underweight rating on shares of Royal Mail (LON:RMG) in a report issued on Monday morning, Digital Look reports.
Several other research firms have also issued reports on RMG. 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. Deutsche Bank reaffirmed a sell rating on shares of Royal Mail in a report on Friday, January 10th. Credit Suisse Group reaffirmed an underperform rating on shares of Royal Mail in a report on Thursday, October 17th. Barclays reaffirmed an overweight rating on shares of Royal Mail in a report on Friday, January 10th. Finally, Liberum Capital reaffirmed a sell rating on shares of Royal Mail in a report on Tuesday, January 7th. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The stock has an average rating of Hold and an average price target of GBX 211.54 ($2.78).
LON RMG opened at GBX 208.20 ($2.74) on Monday. The firm’s fifty day simple moving average is GBX 226.55 and its two-hundred day simple moving average is GBX 216.36. The company has a current ratio of 0.76, a quick ratio of 0.74 and a debt-to-equity ratio of 32.69. Royal Mail has a 12-month low of GBX 186.80 ($2.46) and a 12-month high of GBX 308.50 ($4.06). The firm has a market capitalization of $2.10 billion and a P/E ratio of 6.45.
The business also recently disclosed a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Thursday, December 5th were issued a dividend of GBX 7.50 ($0.10) per share. This represents a dividend yield of 3.78%. The ex-dividend date of this dividend was Thursday, December 5th. Royal Mail’s dividend payout ratio (DPR) is presently 0.74%.
In related news, insider Rico Back acquired 300,000 shares of the company’s stock in a transaction dated Wednesday, December 18th. The shares were purchased at an average cost of GBX 234 ($3.08) per share, with a total value of £702,000 ($923,441.20). Insiders have bought 300,128 shares of company stock worth $70,229,880 over the last three months.
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.
Featured Story: Limitations of the P/E Growth ratio
Receive News & Ratings for Royal Mail Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Royal Mail and related companies with MarketBeat.com’s FREE daily email newsletter.
Source link
