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Shares of Royal Mail PLC (LON:RMG) have earned a consensus rating of “Hold” from the thirteen analysts that are covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 222.78 ($2.91).
A number of analysts have issued reports on RMG shares. Barclays reiterated an “overweight” rating and issued a GBX 250 ($3.27) price target on shares of Royal Mail in a report on Thursday. Royal Bank of Canada reduced their price target on shares of Royal Mail from GBX 315 ($4.12) to GBX 200 ($2.61) and set a “sector performer” rating on the stock in a report on Wednesday, October 9th. Liberum Capital reiterated a “sell” rating on shares of Royal Mail in a report on Thursday. Deutsche Bank reiterated a “sell” rating and issued a GBX 150 ($1.96) price target on shares of Royal Mail in a report on Friday. Finally, Goldman Sachs Group reduced their price target on shares of Royal Mail from GBX 310 ($4.05) to GBX 300 ($3.92) and set a “buy” rating on the stock in a report on Monday.
LON RMG traded up GBX 2.90 ($0.04) on Monday, reaching GBX 202.80 ($2.65). The company had a trading volume of 4,981,771 shares, compared to its average volume of 5,850,000. 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 stock has a market capitalization of $2.02 billion and a PE ratio of 6.28. The firm’s 50 day moving average price is GBX 216.61 and its 200 day moving average price is GBX 213.92. Royal Mail has a 12 month low of GBX 186.80 ($2.44) and a 12 month high of GBX 347.50 ($4.54).
The firm also recently announced a dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, December 5th will be issued a GBX 7.50 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a dividend yield of 3.78%. Royal Mail’s dividend payout ratio (DPR) is presently 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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