Jefferies Financial Group reissued their underperform rating on shares of Royal Mail (LON:RMG) in a research report report published on Friday, ThisIsMoney.Co.Uk reports.

RMG has been the subject of a number of other research reports. Sanford C. Bernstein upgraded shares of Royal Mail to a market perform rating and upped their price objective for the stock from GBX 135 ($1.66) to GBX 165 ($2.03) in a research report on Monday, May 18th. Barclays cut their target price on shares of Royal Mail from GBX 250 ($3.08) to GBX 200 ($2.46) and set an overweight rating for the company in a research note on Friday. Citigroup reissued a buy rating on shares of Royal Mail in a research note on Monday, June 22nd. Deutsche Bank raised shares of Royal Mail to a hold rating and boosted their target price for the stock from GBX 93 ($1.14) to GBX 183 ($2.25) in a research note on Tuesday, May 5th. Finally, Berenberg Bank reissued a sell rating on shares of Royal Mail in a research note on Thursday, June 11th. Six investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. The company currently has an average rating of Hold and an average target price of GBX 159.25 ($1.96).

Shares of Royal Mail stock opened at GBX 172.20 ($2.12) on Friday. The firm has a 50-day simple moving average of GBX 175.21 and a two-hundred day simple moving average of GBX 179.98. The company has a market cap of $1.65 billion and a P/E ratio of 5.33. Royal Mail has a fifty-two week low of GBX 118.86 ($1.46) and a fifty-two week high of GBX 258.60 ($3.18). The company has a debt-to-equity ratio of 32.69, a quick ratio of 0.74 and a current ratio of 0.76.

Royal Mail (LON:RMG) last issued its quarterly earnings data on Thursday, June 25th. The company reported GBX 19.60 ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of GBX 21.70 ($0.27) by GBX (2.10) (($0.03)). Equities research analysts forecast that Royal Mail will post 2834.0001931 EPS for the current year.

In related news, insider Stuart Simpson sold 19,354 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of GBX 158 ($1.94), for a total transaction of £30,579.32 ($37,631.45). In the last ninety days, insiders have purchased 186 shares of company stock valued at $30,021.

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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