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Royal Mail (LON:RMG)‘s stock had its “underperform” rating reiterated by stock analysts at Credit Suisse Group in a report issued on Thursday, October 17th, ThisIsMoney.Co.Uk reports.
RMG has been the subject of several other research reports. Barclays reissued an “overweight” rating on shares of Royal Mail in a research note on Monday, October 14th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Royal Mail in a research note on Wednesday, October 16th. Liberum Capital cut Royal Mail to a “sell” rating in a research note on Tuesday, September 24th. Jefferies Financial Group reissued an “underperform” rating on shares of Royal Mail in a research note on Thursday, July 11th. Finally, Morgan Stanley raised Royal Mail to an “equal weight” rating in a research note on Monday, July 15th. Five research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. Royal Mail currently has an average rating of “Hold” and an average price target of GBX 215.50 ($2.82).
Shares of RMG traded up GBX 0.70 ($0.01) during trading hours on Thursday, reaching GBX 211.60 ($2.76). The company’s stock had a trading volume of 2,486,105 shares, compared to its average volume of 5,850,000. The firm has a market cap of $2.12 billion and a price-to-earnings ratio of 12.09. The company has a 50 day moving average of GBX 215.51 and a two-hundred day moving average of GBX 218.45. Royal Mail has a 1-year low of GBX 186.80 ($2.44) and a 1-year high of GBX 370 ($4.83). The company has a quick ratio of 0.73, a current ratio of 0.82 and a debt-to-equity ratio of 12.04.
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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