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Royal Mail (LON:RMG)‘s stock had its “underperform” rating restated by Credit Suisse Group in a research report issued on Thursday, October 17th, ThisIsMoney.Co.Uk reports.
RMG has been the topic of several other research reports. Deutsche Bank restated a “sell” rating on shares of Royal Mail in a research note on Friday, July 12th. Royal Bank of Canada reduced their price target on shares of Royal Mail from GBX 315 ($4.12) to GBX 200 ($2.61) and set a “sector performer” rating for the company in a research report on Wednesday, October 9th. Barclays reaffirmed an “overweight” rating on shares of Royal Mail in a research report on Monday, October 14th. Berenberg Bank reissued a “hold” rating and issued a GBX 240 ($3.14) target price on shares of Royal Mail in a report on Thursday, June 20th. Finally, Jefferies Financial Group reissued an “underperform” rating on shares of Royal Mail in a report on Thursday, July 11th. Five analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 215.50 ($2.82).
Royal Mail stock traded up GBX 3.60 ($0.05) during mid-day trading on Thursday, reaching GBX 227.70 ($2.98). The stock had a trading volume of 3,772,941 shares, compared to its average volume of 5,850,000. The company has a debt-to-equity ratio of 12.04, a current ratio of 0.82 and a quick ratio of 0.73. The company has a market capitalization of $2.28 billion and a price-to-earnings ratio of 13.01. The company has a 50-day moving average price of GBX 214.07 and a two-hundred day moving average price of GBX 216.41. Royal Mail has a one year low of GBX 186.80 ($2.44) and a one year 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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