Royal Mail Plc (LON:RMG) “Hold” Rating Maintained Today By Societe Generale; The Target Given is GBX 200.00

Royal Mail Plc (LON:RMG) Rating Reaffirmed

Societe Generale now has a GBX 200.00 target price on shares of Royal Mail Plc (LON:RMG). The target price indicates a potential downside of -7.49 % from the previous stock close of Royal Mail Plc (LON:RMG). This rating was disclosed in an analyst report on 4 December.

Royal Mail plc (LON:RMG) Ratings Coverage

Among 7 analysts covering Royal Mail Plc (LON:RMG), 2 have Buy rating, 2 Sell and 3 Hold. Therefore 29% are positive. Royal Mail Plc has GBX 310 highest and GBX 159 lowest target. GBX 210.71’s average target is -2.84% below currents GBX 216.87 stock price. Royal Mail Plc had 28 analyst reports since June 7, 2019 according to SRatingsIntel. The stock of Royal Mail plc (LON:RMG) has “Hold” rating given on Friday, June 7 by HSBC. The rating was maintained by Goldman Sachs on Monday, October 28 with “Buy”. JP Morgan maintained Royal Mail plc (LON:RMG) on Friday, November 22 with “Underweight” rating. The rating was maintained by RBC Capital Markets on Wednesday, October 9 with “Sector Performer”. The stock of Royal Mail plc (LON:RMG) earned “Buy” rating by Goldman Sachs on Monday, November 25. The stock of Royal Mail plc (LON:RMG) earned “Underweight” rating by JP Morgan on Tuesday, October 29. Societe Generale maintained it with “Hold” rating and GBX 200 target in Wednesday, December 4 report. As per Friday, June 14, the company rating was upgraded by Societe Generale. The rating was downgraded by Bernstein to “Market Perform” on Friday, November 29. On Wednesday, November 27 the stock rating was maintained by Liberum Capital with “Sell”.

The stock increased 0.73% or GBX 1.57 during the last trading session, reaching GBX 216.87. About 853,964 shares traded. Royal Mail plc (LON:RMG) has 0.00% since December 4, 2018 and is . It has by 0.00% the S&P500.

Royal Mail plc operates as an universal postal service well-known provider in the United Kingdom and other European countries. The company has market cap of 2.17 billion GBP. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It has a 6.71 P/E ratio. The firm also provides services for the collection, sorting, and delivery of parcels and letters; and creates and produces stamps and philatelic items, as well as offers media and marketing mail services.

More notable recent Royal Mail plc (LON:RMG) news were published by: Finance.Yahoo.com which released: “These Factors Make Royal Mail plc (LON:RMG) An Interesting Investment – Yahoo Finance” on September 11, 2019, also Finance.Yahoo.com with their article: “Do Institutions Own Shares In Royal Mail plc (LON:RMG)? – Yahoo Finance” published on May 09, 2019, Finance.Yahoo.com published: “Introducing Royal Mail (LON:RMG), The Stock That Slid 58% In The Last Three Years – Yahoo Finance” on October 08, 2019. More interesting news about Royal Mail plc (LON:RMG) were released by: Finance.Yahoo.com and their article: “Bernstein: Apple shares are ‘as expensive as ever’ – Yahoo Finance” published on May 09, 2019 as well as Finance.Yahoo.com‘s news article titled: “What Do Analysts Think About Royal Mail plc’s (LON:RMG) Future? – Yahoo Finance” with publication date: May 29, 2019.