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Royal Mail (LON:RMG)‘s stock had its “sell” rating restated by investment analysts at Liberum Capital in a research report issued on Thursday, November 21st, Stock Target Advisor reports. They currently have a GBX 175 ($2.29) target price on the stock, down from their previous target price of GBX 185 ($2.42). Liberum Capital’s target price would suggest a potential downside of 16.07% from the company’s current price.
Other analysts also recently issued reports about the stock. Royal Bank of Canada dropped their price objective on shares of Royal Mail from GBX 315 ($4.12) to GBX 200 ($2.61) and set a “sector performer” rating for the company in a report on Wednesday, October 9th. Credit Suisse Group reaffirmed an “underperform” rating on shares of Royal Mail in a report on Thursday, October 17th. Goldman Sachs Group dropped their price objective on shares of Royal Mail from GBX 320 ($4.18) to GBX 310 ($4.05) and set a “buy” rating for the company in a report on Monday, October 28th. Barclays reaffirmed an “overweight” rating on shares of Royal Mail in a report on Monday, October 14th. Finally, JPMorgan Chase & Co. cut shares of Royal Mail to an “underweight” rating and decreased their target price for the stock from GBX 252 ($3.29) to GBX 192 ($2.51) in a research report on Tuesday, October 29th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. Royal Mail has a consensus rating of “Hold” and a consensus price target of GBX 212.15 ($2.77).
Shares of LON:RMG opened at GBX 208.50 ($2.72) on Thursday. The firm has a fifty day moving average price of GBX 217.65 and a two-hundred day moving average price of GBX 213.16. The company has a debt-to-equity ratio of 32.69, a current ratio of 0.76 and a quick ratio of 0.74. Royal Mail has a one year low of GBX 186.80 ($2.44) and a one year high of GBX 347.50 ($4.54). The company has a market cap of $2.09 billion and a price-to-earnings ratio of 6.46.
About Royal Mail
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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