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Royal Mail (LON:RMG)‘s stock had its “neutral” rating restated by equities research analysts at JPMorgan Chase & Co. in a report issued on Wednesday, ThisIsMoney.Co.Uk reports.
RMG has been the subject of several other reports. Jefferies Financial Group restated an “underperform” rating on shares of Royal Mail in a research report on Thursday, July 11th. Liberum Capital downgraded Royal Mail to a “sell” rating in a research report on Tuesday, September 24th. Morgan Stanley upgraded Royal Mail to an “equal weight” rating in a research report on Monday, July 15th. Barclays reiterated an “overweight” rating on shares of Royal Mail in a research report on Monday. Finally, Royal Bank of Canada dropped their target price on Royal Mail from GBX 315 ($4.12) to GBX 200 ($2.61) and set a “sector performer” rating for the company in a research report on Wednesday, October 9th. Four investment 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 stock presently has a consensus rating of “Hold” and an average price target of GBX 221.33 ($2.89).
Shares of RMG stock opened at GBX 216.40 ($2.83) on Wednesday. The company has a quick ratio of 0.73, a current ratio of 0.82 and a debt-to-equity ratio of 12.04. Royal Mail has a twelve month low of GBX 186.80 ($2.44) and a twelve month high of GBX 371.30 ($4.85). The company has a market cap of $2.16 billion and a P/E ratio of 12.37. The business has a fifty day simple moving average of GBX 211.63 and a 200 day simple moving average of GBX 220.58.
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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