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Shares of Royal Mail PLC (LON:RMG) have been given an average recommendation of “Hold” by the thirteen brokerages that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 229.20 ($2.99).
RMG has been the subject of several analyst reports. Barclays reiterated an “overweight” rating on shares of Royal Mail in a research report on Monday, October 14th. Credit Suisse Group reiterated an “underperform” rating on shares of Royal Mail in a research report on Thursday, October 17th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Royal Mail in a research report on Wednesday, October 16th. Morgan Stanley upgraded Royal Mail to an “equal weight” rating in a research report on Monday, July 15th. Finally, Royal Bank of Canada lowered their price objective on 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.
Shares of Royal Mail stock opened at GBX 222 ($2.90) on Thursday. The firm has a market capitalization of $2.22 billion and a price-to-earnings ratio of 12.69. Royal Mail has a fifty-two week low of GBX 186.80 ($2.44) and a fifty-two week high of GBX 371.30 ($4.85). The company has a debt-to-equity ratio of 12.04, a quick ratio of 0.73 and a current ratio of 0.82. The stock has a 50 day moving average of GBX 214.79 and a 200 day moving average of GBX 219.89.
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.
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