Royal Mail PLC Stock Rating Upgraded by Beaufort Securities (RMG)
RMG has been the subject of a number of other recent research reports. Analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Royal Mail PLC in a research note on Wednesday. They now have a GBX 505 ($8.65) price target on the stock. Finally, analysts at Jefferies Group reiterated an “underperform” rating on shares of Royal Mail PLC in a research note on Tuesday, July 1st. They now have a GBX 420 ($7.19) price target on the stock. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 588 ($10.07).
Shares of Royal Mail PLC (LON:RMG) traded down 1.97% during mid-day trading on Thursday, hitting GBX 470.05. The stock had a trading volume of 5,028,294 shares. Royal Mail PLC has a 52 week low of GBX 431.00 and a 52 week high of GBX 618.00. The stock’s 50-day moving average is GBX 492. and its 200-day moving average is GBX 547.8. The company’s market cap is £4.701 billion.
Royal Mail plc is a United Kingdom-based holding company. The Company is a provider of postal and delivery services.