Royal Mail plc (LON:RMG) Receives Consensus Rating of “Moderate Buy” from Analysts

Royal Mail plc (LON:RMG – Get Rating) has earned an average rating of “Moderate Buy” from the eight research firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating and six have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 433.86 ($5.24).

RMG has been the subject of a number of recent research reports. Berenberg Bank cut their price objective on Royal Mail from GBX 575 ($6.95) to GBX 480 ($5.80) and set a “buy” rating for the company in a research note on Thursday, July 21st. Barclays reiterated an “overweight” rating and set a GBX 320 ($3.87) price objective on shares of Royal Mail in a research note on Thursday. Citigroup reissued a “buy” rating and issued a GBX 410 ($4.95) price target on shares of Royal Mail in a report on Thursday, July 21st. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Royal Mail in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Royal Mail from GBX 240 ($2.90) to GBX 222 ($2.68) and set a “sell” rating on the stock in a report on Thursday, August 4th.

Royal Mail Trading Up 0.1 %

Shares of LON:RMG opened at GBX 268.40 ($3.24) on Friday. The stock has a 50 day moving average of GBX 278.22 and a 200 day moving average of GBX 331.80. The company has a market cap of £2.57 billion and a PE ratio of 440.00. The company has a current ratio of 1.10, a quick ratio of 1.02 and a debt-to-equity ratio of 41.49. Royal Mail has a 12-month low of GBX 255.50 ($3.09) and a 12-month high of GBX 531.40 ($6.42).

Royal Mail Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, September 6th. Stockholders of record on Thursday, July 28th will be issued a dividend of GBX 13.30 ($0.16) per share. This represents a dividend yield of 3.88%. This is a boost from Royal Mail’s previous dividend of $6.70. The ex-dividend date of this dividend is Thursday, July 28th. Royal Mail’s dividend payout ratio is 3,278.69%.

Royal Mail Company Profile

(Get Rating)

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.

See Also

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.