Royal Mail (LON:RMG) Stock Rating Lowered by Liberum Capital

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

Several other research analysts also recently commented on RMG. Barclays reaffirmed an “overweight” rating on shares of Royal Mail in a research note on Friday, July 12th. Deutsche Bank reaffirmed a “sell” rating on shares of Royal Mail in a research note on Friday, July 12th. Morgan Stanley raised Royal Mail to an “equal weight” rating in a research note on Monday, July 15th. HSBC downgraded Royal Mail to a “hold” rating and decreased their price objective for the stock from GBX 300 ($3.92) to GBX 216 ($2.82) in a research note on Friday, June 7th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating on shares of Royal Mail in a research note on Thursday, July 11th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 250.46 ($3.27).

RMG stock opened at GBX 212.60 ($2.78) on Tuesday. The business’s 50-day moving average is GBX 209.72 and its two-hundred day moving average is GBX 225.83. The company has a debt-to-equity ratio of 12.04, a quick ratio of 0.73 and a current ratio of 0.82. Royal Mail has a fifty-two week low of GBX 186.80 ($2.44) and a fifty-two week high of GBX 491.10 ($6.42). The company has a market cap of $2.13 billion and a price-to-earnings ratio of 12.15.

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.

Featured Article: How interest rates affect municipal bond prices

Receive News & Ratings for Royal Mail Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Royal Mail and related companies with MarketBeat.com’s FREE daily email newsletter.