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Liberum Capital restated their hold rating on shares of Royal Mail (LON:RMG) in a research note released on Tuesday morning, PriceTargets.com reports. The brokerage currently has a GBX 560 ($7.40) price objective on the stock.
Other equities analysts also recently issued reports about the company. JPMorgan Chase & Co. cut their target price on Royal Mail to GBX 777 ($10.27) and set an overweight rating on the stock in a research report on Monday, November 22nd. Peel Hunt reissued a buy rating and issued a GBX 625 ($8.26) target price on shares of Royal Mail in a research report on Thursday, November 18th. Citigroup reaffirmed a buy rating on shares of Royal Mail in a report on Monday, October 18th. Peel Hunt reaffirmed a buy rating and issued a GBX 625 ($8.26) price target on shares of Royal Mail in a report on Thursday, November 18th. Finally, Barclays reaffirmed an overweight rating and issued a GBX 550 ($7.27) price target on shares of Royal Mail in a report on Thursday, December 9th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of Buy and a consensus price target of GBX 704.27 ($9.31).
LON RMG opened at GBX 496.30 ($6.56) on Tuesday. The company has a debt-to-equity ratio of 43.81, a current ratio of 1.31 and a quick ratio of 1.28. The stock’s fifty day moving average price is GBX 456.94 and its 200 day moving average price is GBX 922.54. Royal Mail has a 1 year low of GBX 310.54 ($4.10) and a 1 year high of GBX 613.80 ($8.11). The company has a market cap of £4.96 billion and a price-to-earnings ratio of 5.69.
The firm also recently disclosed a dividend, which will be paid on Wednesday, January 12th. Shareholders of record on Thursday, December 2nd will be issued a GBX 6.70 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, December 2nd. This represents a yield of 1.53%. Royal Mail’s payout ratio is 0.11%.
About Royal Mail
Royal Mail plc, together with its subsidiaries, operates as a universal postal service provider in Italy, France, Spain, Germany, North America, Croatia, the Czech Republic, Hungary, Poland, Romania, Slovakia, Slovenia, Austria, Belgium, Denmark, Ireland, the Netherlands, and Portugal. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands.
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