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Shares of Royal Mail PLC (LON:RMG) have received a consensus recommendation of “Hold” from the fourteen brokerages that are covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 230.22 ($3.03).
RMG has been the topic of a number of recent analyst reports. Deutsche Bank reissued a “sell” rating on shares of Royal Mail in a report on Thursday. Barclays reissued an “overweight” rating and set a GBX 250 ($3.29) price target on shares of Royal Mail in a report on Thursday, November 21st. Credit Suisse Group reissued an “underperform” rating on shares of Royal Mail in a report on Thursday, October 17th. Liberum Capital restated a “sell” rating on shares of Royal Mail in a research report on Friday, December 6th. Finally, Goldman Sachs Group cut their price objective on Royal Mail from GBX 310 ($4.08) to GBX 300 ($3.95) and set a “buy” rating for the company in a research report on Monday, November 25th.
LON:RMG opened at GBX 232.20 ($3.05) on Friday. The company has a quick ratio of 0.74, a current ratio of 0.76 and a debt-to-equity ratio of 32.69. The business’s 50-day simple moving average is GBX 218.05 and its two-hundred day simple moving average is GBX 211.77. The stock has a market cap of $2.34 billion and a PE ratio of 7.19. Royal Mail has a 52 week low of GBX 186.80 ($2.46) and a 52 week high of GBX 315.70 ($4.15).
The company also recently disclosed a dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, December 5th will be given a dividend of GBX 7.50 ($0.10) per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a dividend yield of 3.78%. Royal Mail’s payout ratio is 0.74%.
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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