Analysts’ Recent Ratings Updates for Royal Mail (RMG)

Royal Mail (LON: RMG) recently received a number of ratings updates from brokerages and research firms:

• 12/16/2019 – Royal Mail had its “sell” rating reaffirmed by analysts at Liberum Capital.
• 12/12/2019 – Royal Mail had its “sell” rating reaffirmed by analysts at Deutsche Bank AG.
• 12/6/2019 – Royal Mail had its “sell” rating reaffirmed by analysts at Liberum Capital.
• 12/6/2019 – Royal Mail had its “sell” rating reaffirmed by analysts at Deutsche Bank AG.
• 12/4/2019 – Royal Mail had its price target lowered by analysts at Societe Generale from GBX 208 ($2.74) to GBX 200 ($2.63). They now have a “hold” rating on the stock.
• 11/29/2019 – Royal Mail was downgraded by analysts at Sanford C. Bernstein to a “market perform” rating. They now have a GBX 225 ($2.96) price target on the stock, down previously from GBX 250 ($3.29).
• 11/27/2019 – Royal Mail had its price target lowered by analysts at Liberum Capital from GBX 185 ($2.43) to GBX 175 ($2.30). They now have a “sell” rating on the stock.
• 11/25/2019 – Royal Mail had its price target lowered by analysts at Goldman Sachs Group Inc from GBX 310 ($4.08) to GBX 300 ($3.95). They now have a “buy” rating on the stock.
• 11/22/2019 – Royal Mail had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 192 ($2.53) to GBX 159 ($2.09). They now have an “underweight” rating on the stock.
• 11/22/2019 – Royal Mail had its “sell” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 150 ($1.97) price target on the stock.
• 11/21/2019 – Royal Mail had its “sell” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 175 ($2.30) price target on the stock, down previously from GBX 185 ($2.43).
• 11/21/2019 – Royal Mail had its “overweight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 250 ($3.29) price target on the stock.
• 10/29/2019 – Royal Mail was downgraded by analysts at JPMorgan Chase & Co. to an “underweight” rating. They now have a GBX 192 ($2.53) price target on the stock, down previously from GBX 252 ($3.31).
• 10/28/2019 – Royal Mail had its price target lowered by analysts at Goldman Sachs Group Inc from GBX 320 ($4.21) to GBX 310 ($4.08). They now have a “buy” rating on the stock.

Shares of LON RMG opened at GBX 244.10 ($3.21) on Tuesday. The company has a debt-to-equity ratio of 32.69, a quick ratio of 0.74 and a current ratio of 0.76. Royal Mail PLC has a 52 week low of GBX 186.80 ($2.46) and a 52 week high of GBX 308.50 ($4.06). The stock has a market capitalization of $2.44 billion and a P/E ratio of 7.56. The stock’s fifty day moving average is GBX 219.74 and its 200 day moving average is GBX 212.25.

The business also recently declared a dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, December 5th will be given a GBX 7.50 ($0.10) dividend. This represents a dividend yield of 3.78%. The ex-dividend date of this dividend is Thursday, December 5th. Royal Mail’s payout ratio is currently 0.74%.

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.

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