Royal Mail (LON:RMG) had its price objective decreased by Deutsche Bank from GBX 150 ($1.97) to GBX 100 ($1.32) in a research note issued to investors on Friday morning, Stock Target Advisor reports. Deutsche Bank currently has a sell rating on the stock.

Other analysts also recently issued reports about the company. Sanford C. Bernstein downgraded Royal Mail to an underperform rating and decreased their target price for the stock from GBX 225 ($2.96) to GBX 135 ($1.78) in a research report on Friday, February 7th. Liberum Capital decreased their target price on Royal Mail from GBX 175 ($2.30) to GBX 120 ($1.58) and set a sell rating for the company in a research report on Wednesday, February 19th. Credit Suisse Group decreased their target price on Royal Mail from GBX 152 ($2.00) to GBX 138 ($1.82) and set an underperform rating for the company in a research report on Monday, February 10th. Goldman Sachs Group decreased their target price on Royal Mail from GBX 320 ($4.21) to GBX 280 ($3.68) and set a buy rating for the company in a research report on Friday, February 21st. Finally, Societe Generale downgraded Royal Mail to a sell rating and decreased their target price for the stock from GBX 200 ($2.63) to GBX 148 ($1.95) in a research report on Tuesday, February 11th. Eight investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 168.33 ($2.21).

LON:RMG traded down GBX 2.10 ($0.03) during trading hours on Friday, reaching GBX 162.45 ($2.14). The stock had a trading volume of 14,129,419 shares, compared to its average volume of 5,850,000. The company has a debt-to-equity ratio of 32.69, a quick ratio of 0.74 and a current ratio of 0.76. The stock has a 50 day simple moving average of GBX 192.91 and a 200 day simple moving average of GBX 210.99. Royal Mail has a 12-month low of GBX 164.05 ($2.16) and a 12-month high of GBX 286.80 ($3.77). The stock has a market cap of $1.62 billion and a P/E ratio of 5.03.

In related news, insider Rico Back purchased 300,000 shares of Royal Mail stock in a transaction dated Wednesday, December 18th. The stock was bought at an average cost of GBX 234 ($3.08) per share, for a total transaction of £702,000 ($923,441.20). Also, insider Maria da Cunha purchased 15,000 shares of Royal Mail stock in a transaction dated Wednesday, February 12th. The stock was bought at an average price of GBX 177 ($2.33) per share, with a total value of £26,550 ($34,925.02). Over the last quarter, insiders bought 631,829 shares of company stock valued at $129,572,490.

About Royal Mail

Royal Mail plc, together with its subsidiaries, operates as an universal postal service provider in the United Kingdom, the United States, and other European countries. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. The company also provides services for the collection, sorting, and delivery of parcels and letters; and designs and produces stamps and philatelic items, as well as offers media and marketing mail services.

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Analyst Recommendations for Royal Mail (LON:RMG)

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