Royal Mail (LON:RMG) Downgraded by Liberum Capital

Royal Mail (LON:RMG) was downgraded by research analysts at Liberum Capital to a “sell” rating in a research report issued to clients and investors on Tuesday, ThisIsMoney.Co.Uk reports.

RMG has been the subject of a number of other research reports. Jefferies Financial Group reissued an “underperform” rating on shares of Royal Mail in a research report on Thursday, July 11th. Berenberg Bank restated a “hold” rating and set a GBX 240 ($3.14) target price on shares of Royal Mail in a report on Thursday, June 20th. Goldman Sachs Group restated a “buy” rating on shares of Royal Mail in a report on Monday, June 10th. Barclays restated an “overweight” rating on shares of Royal Mail in a report on Friday, July 12th. Finally, 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 report on Wednesday, May 29th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 250.46 ($3.27).

RMG opened at GBX 220 ($2.87) on Tuesday. The stock has a market cap of $2.20 billion and a price-to-earnings ratio of 12.57. Royal Mail has a 1 year low of GBX 186.80 ($2.44) and a 1 year 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 stock has a fifty day moving average price of GBX 209.59 and a 200 day moving average price of GBX 226.54.

About Royal Mail

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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