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Royal Mail (LON:RMG)‘s stock had its “sell” rating restated by analysts at Liberum Capital in a research note issued on Tuesday, January 7th, Stock Target Advisor reports.
Other equities analysts have also issued reports about the stock. Barclays reiterated an “overweight” rating and issued a GBX 250 ($3.29) price target on shares of Royal Mail in a research report on Thursday, November 21st. Credit Suisse Group reiterated an “underperform” rating on shares of Royal Mail in a research report on Thursday, October 17th. Goldman Sachs Group dropped their price target on shares of Royal Mail from GBX 310 ($4.08) to GBX 300 ($3.95) and set a “buy” rating for the company in a research report on Monday, November 25th. Deutsche Bank restated a “sell” rating on shares of Royal Mail in a research report on Thursday, December 12th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Royal Mail from GBX 192 ($2.53) to GBX 159 ($2.09) and set an “underweight” rating for the company in a research report on Friday, November 22nd. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. Royal Mail has a consensus rating of “Hold” and an average target price of GBX 211.54 ($2.78).
RMG opened at GBX 203.10 ($2.67) on Tuesday. The firm has a market cap of $2.04 billion and a P/E ratio of 6.29. Royal Mail has a 1-year low of GBX 186.80 ($2.46) and a 1-year high of GBX 308.50 ($4.06). The company has a 50 day simple moving average of GBX 225.74 and a two-hundred day simple moving average of GBX 216.24. The company has a debt-to-equity ratio of 32.69, a current ratio of 0.76 and a quick ratio of 0.74.
In other Royal Mail news, insider Rico Back purchased 300,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The shares were bought at an average price of GBX 234 ($3.08) per share, with a total value of £702,000 ($923,441.20). In the last ninety days, insiders have purchased 300,128 shares of company stock worth $70,229,880.
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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