Royal Mail (LON:RMG) Rating Reaffirmed
In a recent research report issued to clients on Monday morning, Royal Mail (LON:RMG) shares had their Neutral Rating maintained by research professionals at UBS.
From a total of 15 analysts covering Royal Mail Plc (LON:RMG) stock, 6 rate it a ”Buy”, 4 a “Sell”, and 6 a ”Hold”. This means that 38% of the ratings are positive. The highest target price is GBX 625 while the lowest target price is GBX 400. The mean of all analyst targets is GBX 510.4 with a 6.52% above today’s (GBX 467.45) 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.
Approximately 1.00M shares of stock traded hands. Royal Mail PLC (LON:RMG) has declined 2.69% since May 8, 2015 and is downtrending. It has underperformed by 1.62% the S&P500.
Royal Mail plc provides postal services. The company has a market cap of 4.68 billion GBP. The Company’s divisions include UK Parcels, International & Letters , General Logistics Systems (GLS) and Other. It has 16.25 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.