Key Stock Analysts at Barclays Capital Have Reiterated their ‘”Equal weight”’ rating for Royal Mail Plc (LON:RMG) Shares Today. Their Price Target Given is GBX 440.00


Royal Mail Plc (LON:RMG) Rating Reaffirmed

In a note revealed to clients and investors on Monday, 30 November, The “Equal weight” rating of Royal Mail Plc (LON:RMG) shares was reiterated by Analysts at Barclays Capital, who now has a GBX 440.00 target PPS on the stock. Barclays Capital’s target PPS means a possible downside of -10.48% from the price per share of the company.

From a total of 14 analysts covering Royal Mail Plc (LON:RMG) stock, 4 rate it a ”Buy”, 5 a “Sell”, and 5 a ”Hold”. This means that 29% of the ratings are positive. The highest target price is GBX 625 while the lowest target price is GBX 360. The mean of all analyst targets is GBX 497.92 with a 1.70% above today’s (GBX 489.6) stock price. Royal Mail Plc was the topic of 25 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on November 30 with “Equal Weight” rating. Deutsche Bank maintained shares with “Hold” rating and GBX 400 target share price in a report from a November 19. Investec maintained RMG stock in a recent report from November 26 with “Buy” rating. Panmure Gordon maintained the rating on November 19. Panmure Gordon has a “Hold” rating and a GBX 480 price target on shares. Finally, UBS maintained the stock with “Neutral” rating in a report issued on a November 19.

The stock closed the day at GBX 489.6 during the previous session. It is down 4.50% since May 1, 2015 and is uptrending. It has outperformed by 5.40% the S&P500.

Key Stock Analysts at Barclays Capital Have Reiterated their ‘

Royal Mail plc provides postal services. The company has a market cap of 4.90 billion GBP. The Company’s divisions include UK Parcels, International & Letters , General Logistics Systems (GLS) and Other. It has 17.02 P/E ratio. The UKPIL segment provides letter and parcel services to and from countries across the world under reciprocal arrangements with other overseas postal administrations.