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JPMorgan Chase & Co. reiterated their neutral rating on shares of Royal Mail (LON:RMG) in a research note issued to investors on Friday, September 20th, Digital Look reports.
A number of other analysts have also recently weighed in on RMG. HSBC cut Royal Mail to a hold rating and cut their price target for the company from GBX 300 ($3.92) to GBX 216 ($2.82) in a research note on Friday, June 7th. Berenberg Bank reiterated a hold rating and set a GBX 240 ($3.14) target price on shares of Royal Mail in a research report on Thursday, June 20th. Deutsche Bank reiterated a sell rating on shares of Royal Mail in a research report on Friday, July 12th. Credit Suisse Group cut their target price on Royal Mail from GBX 238 ($3.11) to GBX 183 ($2.39) and set an underperform rating on the stock in a research report on Wednesday, May 29th. Finally, Goldman Sachs Group reiterated a buy rating on shares of Royal Mail in a research report on Monday, June 10th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. Royal Mail has a consensus rating of Hold and a consensus target price of GBX 246.33 ($3.22).
LON:RMG opened at GBX 202 ($2.64) on Friday. Royal Mail has a 12-month low of GBX 186.80 ($2.44) and a 12-month high of GBX 491.10 ($6.42). The company has a current ratio of 0.82, a quick ratio of 0.73 and a debt-to-equity ratio of 12.04. The firm has a market cap of $2.02 billion and a PE ratio of 11.54. The stock has a fifty day moving average price of GBX 209.59 and a 200 day moving average price of GBX 223.35.
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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