Related Articles
Liberum Capital reiterated their sell rating on shares of Royal Mail (LON:RMG) in a research report sent to investors on Thursday morning, Stock Target Advisor reports.
A number of other research analysts also recently commented on RMG. Credit Suisse Group restated an underperform rating on shares of Royal Mail in a research note on Thursday, October 17th. Barclays restated an overweight rating on shares of Royal Mail in a research note on Monday, October 14th. JPMorgan Chase & Co. downgraded Royal Mail to an underweight rating and lowered their target price for the company from GBX 252 ($3.29) to GBX 192 ($2.51) in a research note on Tuesday, October 29th. Goldman Sachs Group lowered their target price on Royal Mail from GBX 320 ($4.18) to GBX 310 ($4.05) and set a buy rating on the stock in a research note on Monday, October 28th. Finally, Royal Bank of Canada lowered their target price on Royal Mail from GBX 315 ($4.12) to GBX 200 ($2.61) and set a sector performer rating on the stock in a research note on Wednesday, October 9th. Five 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. The company has an average rating of Hold and a consensus price target of GBX 212.75 ($2.78).
Shares of LON RMG opened at GBX 199.90 ($2.61) on Thursday. The business’s 50-day moving average price is GBX 216.66 and its two-hundred day moving average price is GBX 214.68. The company has a debt-to-equity ratio of 12.04, a current ratio of 0.82 and a quick ratio of 0.73. Royal Mail has a one year low of GBX 186.80 ($2.44) and a one year high of GBX 347.50 ($4.54). The company has a market capitalization of $2.01 billion and a P/E ratio of 11.42.
The business also recently declared a dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, December 5th will be paid a dividend of GBX 7.50 ($0.10) per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a dividend yield of 3.78%. Royal Mail’s dividend payout ratio (DPR) is presently 1.43%.
Royal Mail Company Profile
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.
Further Reading: The risks of owning bonds
Source link
