Analyst at Barclays Capital Reaffirmed Royal Mail Plc (LON:RMG)Stock Rating as a ‘”Overweight”‘

Royal Mail Plc (LON:RMG) Rating Reaffirmed

In an analyst note published on Monday morning, Barclays Capital kept their “Overweight” rating on Royal Mail Plc (LON:RMG) shares.

Royal Mail plc (LON:RMG) Ratings Coverage

Among 5 analysts covering Royal Mail Plc (LON:RMG), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Royal Mail Plc has GBX 310 highest and GBX 150 lowest target. GBX 218.60’s average target is 9.35% above currents GBX 199.9 stock price. Royal Mail Plc had 27 analyst reports since May 29, 2019 according to SRatingsIntel. JP Morgan downgraded it to “Underweight” rating and GBX 192 target in Tuesday, October 29 report. The stock of Royal Mail plc (LON:RMG) earned “Sell” rating by Deutsche Bank on Tuesday, June 4. The rating was downgraded by HSBC to “Hold” on Friday, June 7. The company was maintained on Friday, November 22 by JP Morgan. The firm has “Hold” rating by Societe Generale given on Friday, June 14. The rating was maintained by Goldman Sachs with “Buy” on Monday, October 28. The stock of Royal Mail plc (LON:RMG) has “Underperform” rating given on Monday, June 3 by Jefferies. Credit Suisse maintained Royal Mail plc (LON:RMG) on Wednesday, May 29 with “Underperform” rating. The firm earned “Sector Performer” rating on Wednesday, October 9 by RBC Capital Markets. The rating was upgraded by JP Morgan on Tuesday, June 4 to “Neutral”.

The stock increased 0.73% or GBX 1.45 during the last trading session, reaching GBX 199.9. About 9.49M shares traded or 93.83% up from the average. Royal Mail plc (LON:RMG) has 0.00% since November 25, 2018 and is . It has by 0.00% the S&P500.

Royal Mail plc operates as an universal postal service well-known provider in the United Kingdom and other European countries. The company has market cap of 2.00 billion GBP. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It has a 6.19 P/E ratio. The firm also provides services for the collection, sorting, and delivery of parcels and letters; and creates and produces stamps and philatelic items, as well as offers media and marketing mail services.

More notable recent Royal Mail plc (LON:RMG) news were published by: Finance.Yahoo.com which released: “Introducing Royal Mail (LON:RMG), The Stock That Slid 58% In The Last Three Years – Yahoo Finance” on October 08, 2019, also Finance.Yahoo.com with their article: “Read This Before Selling Royal Mail plc (LON:RMG) Shares – Yahoo Finance” published on June 16, 2019, Finance.Yahoo.com published: “Premarket London: BA Parent Cuts Growth Estimates; AstraZeneca Success – Yahoo Finance” on November 07, 2019. More interesting news about Royal Mail plc (LON:RMG) were released by: Finance.Yahoo.com and their article: “Premarket London: Centrica Says It’s on Track; Countryside Roars Ahead – Yahoo Finance” published on November 21, 2019 as well as Finance.Yahoo.com‘s news article titled: “What Do Analysts Think About Royal Mail plc’s (LON:RMG) Future? – Yahoo Finance” with publication date: May 29, 2019.