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Royal Mail PLC (LON:RMG) has earned a consensus recommendation of “Hold” from the fourteen analysts that are currently covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 230.22 ($3.03).
RMG has been the topic of a number of recent analyst reports. Deutsche Bank reiterated a “sell” rating on shares of Royal Mail in a report on Thursday, December 12th. Sanford C. Bernstein cut shares of Royal Mail to a “market perform” rating and cut their price target for the company from GBX 250 ($3.29) to GBX 225 ($2.96) in a report on Friday, November 29th. Credit Suisse Group reiterated an “underperform” rating on shares of Royal Mail in a report on Thursday, October 17th. Societe Generale cut their price target on shares of Royal Mail from GBX 208 ($2.74) to GBX 200 ($2.63) and set a “hold” rating on the stock in a report on Wednesday, December 4th. Finally, Royal Bank of Canada cut their price target on shares of Royal Mail from GBX 315 ($4.14) to GBX 200 ($2.63) and set a “sector performer” rating on the stock in a report on Wednesday, October 9th.
RMG traded down GBX 6.48 ($0.09) during midday trading on Friday, reaching GBX 236.02 ($3.10). The company’s stock had a trading volume of 2,228,062 shares, compared to its average volume of 5,850,000. The firm has a market capitalization of $2.35 billion and a price-to-earnings ratio of 7.31. The company has a current ratio of 0.76, a quick ratio of 0.74 and a debt-to-equity ratio of 32.69. Royal Mail has a 1 year low of GBX 186.80 ($2.46) and a 1 year high of GBX 308.50 ($4.06). The stock’s 50-day moving average is GBX 220.25 and its 200-day moving average is GBX 212.41.
The business also recently disclosed a dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, December 5th will be given a dividend of GBX 7.50 ($0.10) per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a yield of 3.78%. Royal Mail’s dividend payout ratio (DPR) is 0.74%.
Royal Mail Company Profile
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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