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Shares of Royal Mail PLC (LON:RMG) have earned an average recommendation of “Hold” from the fourteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 271.50 ($3.55).
Several research firms have recently weighed in on RMG. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Royal Mail in a research report on Friday, September 20th. Goldman Sachs Group reissued a “buy” rating on shares of Royal Mail in a research report on Monday, June 10th. Morgan Stanley raised Royal Mail to an “equal weight” rating in a research report on Monday, July 15th. Deutsche Bank reissued a “sell” rating on shares of Royal Mail in a research report on Friday, July 12th. Finally, Jefferies Financial Group reissued an “underperform” rating on shares of Royal Mail in a research report on Thursday, July 11th.
LON RMG opened at GBX 213 ($2.78) on Friday. The company has a market cap of $2.13 billion and a P/E ratio of 12.17. 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 business’s 50 day moving average price is GBX 209.72 and its 200-day moving average price is GBX 225.14. 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).
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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