Royal Mail (RMG) Stock Rating Reaffirmed by Deutsche Bank

Royal Mail (LON:RMG)‘s stock had its “sell” rating reiterated by equities research analysts at Deutsche Bank in a research report issued on Friday.

Other research analysts have also issued reports about the company. Liberum Capital reissued a “sell” rating and set a GBX 370 ($5.02) price target on shares of Royal Mail in a research report on Thursday, December 7th. Berenberg Bank began coverage on Royal Mail in a research report on Tuesday, October 31st. They set a “hold” rating and a GBX 375 ($5.09) price target on the stock. Jefferies Group reissued an “underperform” rating and set a GBX 300 ($4.07) price target on shares of Royal Mail in a research report on Thursday, December 7th. Barclays dropped their price target on Royal Mail from GBX 535 ($7.26) to GBX 485 ($6.58) and set an “overweight” rating on the stock in a research report on Friday, January 5th. Finally, Credit Suisse Group reissued an “underperform” rating and set a GBX 325 ($4.41) price target on shares of Royal Mail in a research report on Friday, November 10th. Five analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. Royal Mail currently has a consensus rating of “Hold” and an average price target of GBX 426.58 ($5.78).

Royal Mail (LON RMG) traded up GBX 1 ($0.01) during trading hours on Friday, reaching GBX 464.20 ($6.30). The company had a trading volume of 3,612,332 shares, compared to its average volume of 3,920,000. The firm has a market capitalization of $4,640.00 and a price-to-earnings ratio of 1,289.44. Royal Mail has a 52-week low of GBX 367.80 ($4.99) and a 52-week high of GBX 467.60 ($6.34).

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About Royal Mail

Royal Mail plc provides postal services. The Company’s segments include UK Parcels, International & Letters (UKPIL), General Logistics Systems (GLS) and Other. UKPIL operates in the United Kingdom collecting and delivering parcels and letters through approximately two main networks, the Royal Mail Core Network and Parcelforce Worldwide.

Analyst Recommendations for Royal Mail (LON:RMG)

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