Related Articles
JPMorgan Chase & Co. restated their overweight rating on shares of Royal Mail (LON:RMG – Get Rating) in a research note issued to investors on Thursday morning, MarketBeat.com reports.
RMG has been the topic of several other research reports. Citigroup reaffirmed a buy rating and issued a GBX 410 ($4.95) price target on shares of Royal Mail in a report on Thursday, July 21st. Deutsche Bank Aktiengesellschaft reduced their price objective on Royal Mail from GBX 240 ($2.90) to GBX 222 ($2.68) and set a sell rating on the stock in a research note on Thursday, August 4th. Barclays reiterated an overweight rating and set a GBX 320 ($3.87) target price on shares of Royal Mail in a report on Thursday, August 11th. Finally, Berenberg Bank lowered their price objective on shares of Royal Mail from GBX 575 ($6.95) to GBX 480 ($5.80) and set a buy rating for the company in a report on Thursday, July 21st. Two investment analysts have rated the stock with a sell rating and six have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus price target of GBX 424.63 ($5.13).
Royal Mail Price Performance
Royal Mail stock opened at GBX 267 ($3.23) on Thursday. Royal Mail has a 12 month low of GBX 255.50 ($3.09) and a 12 month high of GBX 531.40 ($6.42). The company has a current ratio of 1.10, a quick ratio of 1.02 and a debt-to-equity ratio of 41.49. The business’s 50 day simple moving average is GBX 275.74 and its 200 day simple moving average is GBX 325.05. The company has a market cap of £2.55 billion and a price-to-earnings ratio of 437.70.
Royal Mail Company Profile
(Get Rating)
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.
Further Reading
Receive News & Ratings for Royal Mail Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Royal Mail and related companies with MarketBeat.com’s FREE daily email newsletter.
Source link
