Shares of Royal Mail PLC (LON:RMG) have earned a consensus recommendation of “Hold” from the fourteen research firms that are presently covering the company, Marketbeat reports. Five equities research 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 average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 271.50 ($3.55).
Several equities research analysts have issued reports on the stock. Deutsche Bank reissued a “sell” rating on shares of Royal Mail in a report on Friday, July 12th. Liberum Capital lowered shares of Royal Mail to a “sell” rating in a report on Tuesday, September 24th. Barclays reissued an “overweight” rating on shares of Royal Mail in a report on Friday, July 12th. Jefferies Financial Group reissued an “underperform” rating on shares of Royal Mail in a report on Thursday, July 11th. Finally, HSBC lowered shares of Royal Mail to a “hold” rating and lowered their price target for the company from GBX 300 ($3.92) to GBX 216 ($2.82) in a report on Friday, June 7th.
LON:RMG traded up GBX 1 ($0.01) during trading hours on Friday, hitting GBX 202 ($2.64). 2,303,860 shares of the company traded hands, compared to its average volume of 5,850,000. The stock has a market capitalization of $2.02 billion and a price-to-earnings ratio of 11.54. Royal Mail has a twelve month low of GBX 186.80 ($2.44) and a twelve month high of GBX 491.10 ($6.42). The firm has a 50-day moving average of GBX 209.59 and a 200 day moving average of GBX 223.35. The company has a current ratio of 0.82, a quick ratio of 0.73 and a debt-to-equity ratio of 12.04.
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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