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Royal Mail (LON:RMG)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank Aktiengesellschaft in a report released on Tuesday, Digital Look reports.
Several other research firms have also weighed in on RMG. Barclays reiterated an “overweight” rating and set a GBX 429 ($5.80) target price on shares of Royal Mail in a report on Monday. Peel Hunt restated a “buy” rating and issued a GBX 625 ($8.45) price target on shares of Royal Mail in a report on Thursday, November 18th. Liberum Capital reduced their price objective on Royal Mail from GBX 560 ($7.57) to GBX 470 ($6.36) and set a “hold” rating for the company in a research report on Wednesday, January 26th. JPMorgan Chase & Co. reduced their price objective on Royal Mail from GBX 777 ($10.51) to GBX 768 ($10.39) and set an “overweight” rating for the company in a research report on Friday, January 14th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 650 ($8.79) price objective on shares of Royal Mail in a research report on Thursday, January 27th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 676.73 ($9.15).
LON RMG opened at GBX 440.50 ($5.96) on Tuesday. Royal Mail has a 52 week low of GBX 403.89 ($5.46) and a 52 week high of GBX 613.80 ($8.30). The company has a debt-to-equity ratio of 43.81, a quick ratio of 1.28 and a current ratio of 1.31. The stock has a market capitalization of £4.35 billion and a P/E ratio of 5.05. The stock has a fifty day moving average of GBX 488.29 and a 200-day moving average of GBX 483.05.
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Royal Mail Company Profile
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.
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