The PT of Royal Mail (OTCMKTS:ROYMY) has been reduced to GBX 144 at Deutsche Bank Aktiengesellschaft.

In a Friday research note made available to investors, analysts at Deutsche Bank Aktiengesellschaft reduced the price objective for Royal Mail (OTCMKTS: ROYMY), which had previously been set at GBX 222 ($2.68). The new price objective is GBX 144 ($1.74).
In recent times, we have witnessed a significant increase in the number of additional research analysts producing their own evaluations on ROYMY. Barclays announced on June 29 that they had decreased their target price for Royal Mail from GBX 400 ($4.83) to GBX 320 ($3.87). This news was included in a research study published on June 29. In a study that was released on Thursday, July 21, Citigroup revealed that the price objective that they have set for Royal Mail shares has decreased from GBX 710 ($8.58) to GBX 410 ($4.95) Berenberg Bank disclosed in a report that was made public on July 22 that they had decreased their price objective on Royal Mail from GBX 575 ($6.95) to GBX 480 ($5.80). As reflected in a research note published on June 22, UBS Group changed its opinion on Royal Mail. As a result of this change, they downgraded their rating on the company from “buy” to “neutral.” In a report that was made public on September 16, JPMorgan Chase & Co. lowered their rating of the stock of Royal Mail from “overweight” to “neutral.” The report was about the company’s stock. There have been five research analysts who have suggested selling the stock, five research analysts who have suggested keeping the stock, and one research analyst who has suggested purchasing the stock. The stock of Royal Mail has been given a “Hold” rating on the financial website Bloomberg.com, and the site’s analysts predict that the stock will reach an average price of $355.67.
On Friday, the price of a share of ROYMY rose by $0.08, which brought it to a new all-time high of $4.17. In contrast to the 7,093 shares that constituted the average volume, only 3,534 shares of the company’s stock were traded during the session. The debt-to-equity ratio comes in at 0.37, the quick ratio comes in at 1.09, the current ratio comes in at 1.10, and the debt-to-equity ratio comes in at 0.37. The price of Royal Mail has ranged between $3.90 and $14.40 throughout its history, with $3.90 being its all-time low and $14.40 representing its all-time high. The stock’s simple 50-day moving average is currently sitting at $6.13, and its simple 200-day moving average is currently at $7.39.
The companies responsible for providing universal postal services include Royal Mail plc and all of its subsidiaries. The company provides delivery services for letters and packages using Royal Mail and Parcelforce Worldwide. These two brands are owned and operated by the same company. In addition, it provides services for collecting, classifying, and delivering both packages and letters to their respective destinations. In addition to this, the company is responsible for the operation of ground-based parcel delivery networks in forty of the countries and states that make up Europe.