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Royal Mail (OTCMKTS:ROYMY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, Zacks.com reports. The firm presently has a $13.00 price objective on the stock. Zacks Investment Research’s price target points to a potential upside of 14.99% from the stock’s current price.
According to Zacks, “Royal Mail plc is a provider of postal and delivery services. Its operating segment consists of UK Parcels, International and Letters, General Logistics Systems and Other. UKPIL segment collects and delivers parcels and letters predominantly. It provides collection and delivery services under the Royal Mail and Parcelforce Worldwide brands. GLS comprises European parcel business and is focused on the deferred parcels segment. Royal Mail plc is headquartered in London, the United Kingdom. “
Other equities analysts also recently issued research reports about the stock. Credit Suisse Group reissued a “neutral” rating on shares of Royal Mail in a report on Monday, November 23rd. UBS Group downgraded shares of Royal Mail from a “buy” rating to a “neutral” rating in a report on Tuesday, November 24th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Royal Mail in a report on Thursday, January 21st. Berenberg Bank raised shares of Royal Mail from a “sell” rating to a “hold” rating in a report on Tuesday, January 5th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Royal Mail from a “hold” rating to a “buy” rating in a report on Wednesday, January 20th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $13.00.
The clock just started on the biggest financial event in 20 years. Fortunes will be made and lost in 2021.
Shares of OTCMKTS:ROYMY opened at $11.31 on Wednesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.96 and a quick ratio of 0.95. Royal Mail has a 1-year low of $2.99 and a 1-year high of $11.55. The company has a market capitalization of $5.65 billion, a P/E ratio of 27.57 and a beta of 1.89. The firm’s 50 day simple moving average is $9.54 and its two-hundred day simple moving average is $6.81.
Royal Mail Company Profile
Royal Mail plc, together with its subsidiaries, operates as a universal postal service provider in Italy, France, Spain, Germany, North America, the Western United States, Canada, Croatia, the Czech Republic, Hungary, Romania, Slovakia, and Slovenia. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands.
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20 High-Yield Dividend Stocks that Could Ruin Your Retirement Portfolio
Almost everyone loves a company that pays strong dividends. Who doesn’t like receiving a check every quarter for simply owning a stock–especially if that stock is paying you back 4%, 5% or even 10% of its share price in annual income each year?. In a world where 10-year treasuries are yielding just above 2%, it seems hard to go wrong when buying a stock that’s yielding significantly above the going rates on fixed-income assets. Unfortunately, the market rarely offers a free lunch.
While high-yield stocks may have a lot of near-term attractiveness, those same high-yields can often signal significant danger ahead. In some cases, it might mean that the company’s dividend will stop growing or won’t grow as fast as it used to. Worse yet, the company could cut its dividend, reduce the income you receive from owning the stock and drive down the value of the shares that you own.
4%-plus yields might seem like an easy opportunity to boost the investment income you receive, but high-yield stocks can just as often be a track reading to snare unsuspecting investors. It’s not always easy to tell the difference though.
This slideshow highlights 10 high-yield dividend stocks that are paying an unsustainably large percentage of their earnings in the form of a dividend. These companies are all paying out more than 100% of their earnings per share in the form of a dividend, a sign that the advertised high-yield probably won’t last.
View the “20 High-Yield Dividend Stocks that Could Ruin Your Retirement Portfolio”.
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