Related Articles
Shares of Royal Mail plc (LON:RMG – Get Rating) have been assigned an average rating of “Buy” from the eleven analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 686 ($8.92).
A number of equities analysts recently issued reports on RMG shares. Peel Hunt reissued a “buy” rating and issued a GBX 625 ($8.13) price target on shares of Royal Mail in a research note on Thursday, November 18th. Liberum Capital downgraded shares of Royal Mail to a “sell” rating and decreased their price target for the stock from GBX 470 ($6.11) to GBX 355 ($4.62) in a research note on Wednesday, March 2nd. Berenberg Bank reissued a “buy” rating and issued a GBX 650 ($8.45) price target on shares of Royal Mail in a research note on Thursday, February 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Royal Mail in a report on Tuesday, February 8th. Finally, Barclays restated an “overweight” rating and issued a GBX 640 ($8.32) price objective on shares of Royal Mail in a report on Monday.
Shares of LON:RMG opened at GBX 371.70 ($4.83) on Thursday. The company has a market cap of £3.58 billion and a price-to-earnings ratio of 4.26. The company has a 50-day moving average price of GBX 427.97 and a 200-day moving average price of GBX 457.96. The company has a current ratio of 1.31, a quick ratio of 1.28 and a debt-to-equity ratio of 43.81. Royal Mail has a 12 month low of GBX 330.60 ($4.30) and a 12 month high of GBX 613.80 ($7.98).
Helium is quickly becoming one of the most valuable resources on the planet. It has already skyrocketed 160% in the past few years… and investors say this is just the beginning. That’s why investors are calling this company’s recently discovered land: “The Saudi Arabia Of Helium.”.
About Royal Mail (Get Rating)
Royal Mail plc, together with its subsidiaries, operates as a universal postal service provider in Italy, France, Spain, Germany, North America, Croatia, the Czech Republic, Hungary, Poland, Romania, Slovakia, Slovenia, Austria, Belgium, Denmark, Ireland, the Netherlands, and Portugal. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Royal Mail right now?
Before you consider Royal Mail, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Royal Mail wasn’t on the list.
While Royal Mail currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here
Source link
