Shares of Royal Mail PLC (LON:RMG) have received a consensus rating of “Hold” from the thirteen analysts that are presently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 443.08 ($6.21).
A number of brokerages recently commented on RMG. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 530 ($7.43) price target on shares of Royal Mail in a research report on Friday. Societe Generale began coverage on Royal Mail in a research report on Friday. They set a “hold” rating and a GBX 480 ($6.73) price target for the company. Deutsche Bank increased their price target on Royal Mail from GBX 359 ($5.03) to GBX 440 ($6.17) and gave the company a “sell” rating in a research report on Friday. Liberum Capital increased their price target on Royal Mail from GBX 395 ($5.54) to GBX 450 ($6.31) and gave the company a “sell” rating in a research report on Friday. Finally, Barclays decreased their price target on Royal Mail from GBX 535 ($7.50) to GBX 485 ($6.80) and set an “overweight” rating for the company in a research report on Friday, January 5th.
Shares of Royal Mail (RMG) opened at GBX 512.80 ($7.19) on Tuesday. The company has a market capitalization of $5,130.00 and a P/E ratio of 1,424.44. Royal Mail has a 52-week low of GBX 367.80 ($5.16) and a 52-week high of GBX 515.40 ($7.23).
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.
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