Royal Mail PLC (LON:RMG) Receives Consensus Rating of “Hold” from Analysts

Royal Mail PLC (LON:RMG) has received an average recommendation of “Hold” from the fourteen ratings firms that are presently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is GBX 271.50 ($3.55).

Several equities research analysts have issued reports on RMG shares. Barclays reissued an “overweight” rating on shares of Royal Mail in a research note on Friday, July 12th. Societe Generale upgraded Royal Mail to a “hold” rating and lowered their price target for the stock from GBX 235 ($3.07) to GBX 208 ($2.72) in a research report on Friday, June 14th. Goldman Sachs Group restated a “buy” rating on shares of Royal Mail in a research report on Monday, June 10th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Royal Mail in a research report on Friday, September 20th. Finally, Morgan Stanley upgraded Royal Mail to an “equal weight” rating in a research report on Monday, July 15th.

RMG stock opened at GBX 213 ($2.78) on Friday. The business has a fifty day moving average of GBX 209.72 and a two-hundred day moving average of GBX 225.14. The company has a quick ratio of 0.73, a current ratio of 0.82 and a debt-to-equity ratio of 12.04. The stock has a market cap of $2.13 billion and a price-to-earnings ratio of 12.17. Royal Mail has a 52-week low of GBX 186.80 ($2.44) and a 52-week high of GBX 491.10 ($6.42).

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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