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Royal Mail (LON:RMG)‘s stock had its “overweight” rating reiterated by research analysts at Barclays in a research report issued to clients and investors on Monday, October 14th, ThisIsMoney.Co.Uk reports.
Several other equities analysts also recently commented on RMG. Morgan Stanley upgraded shares of Royal Mail to an “equal weight” rating in a research note on Monday, July 15th. Jefferies Financial Group restated an “underperform” rating on shares of Royal Mail in a research note on Thursday, July 11th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Royal Mail in a research note on Friday, September 20th. Liberum Capital downgraded shares of Royal Mail to a “sell” rating in a research note on Tuesday, September 24th. Finally, Deutsche Bank reiterated a “sell” rating on shares of Royal Mail in a research note on Friday, July 12th. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 215.50 ($2.82).
LON RMG traded up GBX 2 ($0.03) on Monday, reaching GBX 220 ($2.87). The stock had a trading volume of 1,956,582 shares, compared to its average volume of 5,850,000. The stock has a fifty day moving average price of GBX 214.45 and a two-hundred day moving average price of GBX 217.50. The firm has a market capitalization of $2.20 billion and a price-to-earnings ratio of 12.57. The company has a quick ratio of 0.73, a current ratio of 0.82 and a debt-to-equity ratio of 12.04. Royal Mail has a 12-month low of GBX 186.80 ($2.44) and a 12-month high of GBX 367 ($4.80).
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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