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Royal Mail PLC (LON:RMG) insider Stuart Simpson acquired 49 shares of the stock in a transaction dated Monday, June 17th. The shares were bought at an average cost of GBX 205 ($2.68) per share, with a total value of £100.45 ($131.26).
Stuart Simpson also recently made the following trade(s):
- On Wednesday, May 15th, Stuart Simpson acquired 43 shares of Royal Mail stock. The shares were bought at an average cost of GBX 235 ($3.07) per share, with a total value of £101.05 ($132.04).
LON RMG traded up GBX 4.80 ($0.06) on Friday, reaching GBX 218 ($2.85). The stock had a trading volume of 4,391,326 shares, compared to its average volume of 5,850,000. The company has a debt-to-equity ratio of 12.04, a quick ratio of 0.73 and a current ratio of 0.82. Royal Mail PLC has a 12-month low of GBX 192 ($2.51) and a 12-month high of GBX 499.10 ($6.52). The company’s 50-day moving average is GBX 205.49. The firm has a market capitalization of $2.18 billion and a PE ratio of 12.46.
The company also recently disclosed a dividend, which will be paid on Wednesday, September 4th. Stockholders of record on Thursday, July 25th will be issued a GBX 17 ($0.22) dividend. This represents a dividend yield of 7.43%. This is an increase from Royal Mail’s previous dividend of $8.00. The ex-dividend date of this dividend is Thursday, July 25th. Royal Mail’s dividend payout ratio (DPR) is 1.43%.
A number of brokerages have recently commented on RMG. Deutsche Bank boosted their price objective on Spirit Airlines from $75.00 to $79.00 and gave the stock a “buy” rating in a research report on Friday. HSBC reissued a “hold” rating on shares of Royal Mail in a research report on Friday, June 7th. Credit Suisse Group set a €80.00 ($93.02) target price on Siltronic and gave the stock a “neutral” rating in a research note on Wednesday, May 29th. Jefferies Financial Group boosted their target price on Wynn Resorts from $160.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Societe Generale upgraded Royal Mail from a “sell” rating to a “hold” rating in a research note on Friday, June 14th. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 250.46 ($3.27).
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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