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Royal Mail (LON:RMG)‘s stock had its “sell” rating reiterated by equities researchers at Liberum Capital in a report released on Monday, ThisIsMoney.Co.Uk reports.
Several other analysts have also commented on the company. Royal Bank of Canada cut their price objective on Royal Mail from GBX 315 ($4.14) to GBX 200 ($2.63) and set a “sector performer” rating for the company in a report on Wednesday, October 9th. Barclays reissued an “overweight” rating and set a GBX 250 ($3.29) price target on shares of Royal Mail in a report on Thursday, November 21st. Societe Generale cut their price target on Royal Mail from GBX 208 ($2.74) to GBX 200 ($2.63) and set a “hold” rating for the company in a report on Wednesday, December 4th. Goldman Sachs Group cut their price target on Royal Mail from GBX 310 ($4.08) to GBX 300 ($3.95) and set a “buy” rating for the company in a report on Monday, November 25th. Finally, Credit Suisse Group reissued an “underperform” rating on shares of Royal Mail in a report on Thursday, October 17th. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 211.54 ($2.78).
Shares of RMG opened at GBX 236.50 ($3.11) on Monday. The company has a debt-to-equity ratio of 32.69, a current ratio of 0.76 and a quick ratio of 0.74. Royal Mail has a one year low of GBX 186.80 ($2.46) and a one year high of GBX 315.70 ($4.15). The firm has a market capitalization of $2.37 billion and a P/E ratio of 7.32. The business has a fifty day moving average of GBX 218.34 and a 200 day moving average of GBX 211.79.
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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