Royal Mail plc (LON:RMG) Given Consensus Rating of “Buy” by Brokerages

Shares of Royal Mail plc (LON:RMG) have received a consensus rating of “Buy” from the eleven analysts that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 676.40 ($9.15).

Several research firms recently weighed in on RMG. Barclays restated an “overweight” rating and issued a GBX 429 ($5.81) price objective on shares of Royal Mail in a research report on Monday, February 7th. Berenberg Bank restated a “buy” rating and issued a GBX 650 ($8.80) price objective on shares of Royal Mail in a research report on Thursday, January 27th. Peel Hunt reaffirmed a “buy” rating and set a GBX 625 ($8.46) target price on shares of Royal Mail in a report on Thursday, November 18th. Liberum Capital lowered their target price on shares of Royal Mail from GBX 560 ($7.58) to GBX 470 ($6.36) and set a “hold” rating for the company in a report on Wednesday, January 26th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Royal Mail from GBX 777 ($10.51) to GBX 768 ($10.39) and set an “overweight” rating for the company in a report on Friday, January 14th.

LON:RMG opened at GBX 419.10 ($5.67) on Friday. Royal Mail has a 1 year low of GBX 403.89 ($5.47) and a 1 year high of GBX 613.80 ($8.31). The firm has a 50 day moving average of GBX 476.90 and a 200-day moving average of GBX 475.18. The company has a current ratio of 1.31, a quick ratio of 1.28 and a debt-to-equity ratio of 43.81. The stock has a market capitalization of £4.14 billion and a P/E ratio of 4.81.

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in Royal Mail right now?

Before you consider Royal Mail, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Royal Mail wasn’t on the list.

While Royal Mail currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here