Royal Mail (LON:RMG)‘s stock had its “overweight” rating restated by Barclays in a report issued on Monday, October 14th, ThisIsMoney.Co.Uk reports.
Other equities research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Royal Mail in a research note on Friday, September 20th. Liberum Capital downgraded shares of Royal Mail to a “sell” rating in a research note on Tuesday, September 24th. Jefferies Financial Group reiterated an “underperform” rating on shares of Royal Mail in a report on Thursday, July 11th. 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 for the company in a report on Wednesday, October 9th. Finally, Deutsche Bank reiterated a “sell” rating on shares of Royal Mail in a report on Friday, July 12th. Five analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 215.50 ($2.82).
Shares of RMG stock traded down GBX 3.30 ($0.04) during trading hours on Monday, reaching GBX 219.70 ($2.87). 3,097,291 shares of the company were exchanged, compared to its average volume of 5,850,000. The company has a debt-to-equity ratio of 12.04, a current ratio of 0.82 and a quick ratio of 0.73. The company has a market cap of $2.20 billion and a price-to-earnings ratio of 12.55. The stock’s fifty day moving average is GBX 214.37 and its two-hundred day moving average is GBX 217.07. Royal Mail has a fifty-two week low of GBX 186.80 ($2.44) and a fifty-two week high of GBX 367 ($4.80).
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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