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Royal Mail (LON:RMG – Get Rating)‘s stock had its “overweight” rating restated by equities researchers at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday, MarketBeat.com reports.
A number of other brokerages have also recently commented on RMG. Berenberg Bank reduced their target price 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 research report on Thursday, July 21st. Citigroup reiterated a “buy” rating and issued a GBX 410 ($4.95) target price on shares of Royal Mail in a research report on Thursday, July 21st. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Royal Mail from GBX 240 ($2.90) to GBX 222 ($2.68) and set a “sell” rating for the company in a research report on Thursday, August 4th. Finally, Barclays reiterated an “overweight” rating and issued a GBX 320 ($3.87) target price on shares of Royal Mail in a research report on Thursday, August 11th. Two research analysts have rated the stock with a sell rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Royal Mail has an average rating of “Moderate Buy” and an average target price of GBX 424.63 ($5.13).
Royal Mail Stock Performance
LON:RMG opened at GBX 267 ($3.23) on Thursday. The company has a debt-to-equity ratio of 41.49, a quick ratio of 1.02 and a current ratio of 1.10. The company has a fifty day moving average of GBX 275.74 and a two-hundred day moving average of GBX 326.70. The stock has a market capitalization of £2.55 billion and a PE ratio of 437.70. Royal Mail has a fifty-two week low of GBX 255.50 ($3.09) and a fifty-two week high of GBX 531.40 ($6.42).
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.
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