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Royal Mail Plc (LON:RMG) Rating Reiterated by Analysts at Deutsche Bank Today

Royal Mail Plc (LON:RMG) Rating Reaffirmed

Royal Mail Plc (LON:RMG) has had their stock rating noted as a solid Sell by analysts at Deutsche Bank. This was revealed in an analyst note on 12 July.

Royal Mail plc (LON:RMG) Ratings Coverage

Among 6 analysts covering Royal Mail Plc (LON:RMG), 0 have Buy rating, 1 Sell and 5 Hold. Therefore 0 are positive. Royal Mail Plc has GBX 410 highest and GBX 150 lowest target. GBX 230.17’s average target is 6.07% above currents GBX 217 stock price. Royal Mail Plc had 33 analyst reports since January 15, 2019 according to SRatingsIntel. The rating was maintained by UBS with “Neutral” on Friday, January 25. Liberum Capital maintained the stock with “Sell” rating in Tuesday, January 15 report. Barclays Capital maintained it with “Overweight” rating and GBX 410 target in Tuesday, January 29 report. Deutsche Bank maintained the shares of RMG in report on Friday, February 8 with “Sell” rating. The rating was upgraded by Societe Generale to “Hold” on Friday, June 14. The firm has “Neutral” rating given on Tuesday, June 4 by JP Morgan. The stock has “Underperform” rating by Jefferies on Monday, June 3. The firm has “Sell” rating given on Tuesday, June 4 by Deutsche Bank. The rating was maintained by Berenberg with “Sell” on Wednesday, January 30. HSBC downgraded Royal Mail plc (LON:RMG) rating on Friday, June 7. HSBC has “Hold” rating and GBX 216 target.

The stock increased 1.78% or GBX 3.8 during the last trading session, reaching GBX 217. About 1.70 million shares traded. Royal Mail plc (LON:RMG) has 0.00% since July 12, 2018 and is . It has underperformed by 4.43% 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 12.4 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 news for Royal Mail plc (LON:RMG) were recently published by: Finance.Yahoo.com, which released: “Do Institutions Own Shares In Royal Mail plc (LON:RMG)? – Yahoo Finance” on May 09, 2019. Finance.Yahoo.com‘s article titled: “What Do Analysts Think About Royal Mail plc’s (LON:RMG) Future? – Yahoo Finance” and published on May 29, 2019 is yet another important article.

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