Liberum Capital reissued their sell rating on shares of Royal Mail PLC (LON:RMG) in a research report report published on Thursday morning. Liberum Capital currently has a GBX 385 ($5.08) price objective on the stock.
A number of other analysts have also weighed in on the company. HSBC Holdings plc reaffirmed a buy rating and set a GBX 465 ($6.14) price objective on shares of Royal Mail PLC in a research report on Wednesday, October 18th. Jefferies Group LLC reaffirmed an underperform rating and set a GBX 320 ($4.22) price objective on shares of Royal Mail PLC in a research report on Tuesday, October 3rd. J P Morgan Chase & Co reaffirmed an overweight rating and set a GBX 550 ($7.26) price objective on shares of Royal Mail PLC in a research report on Thursday, July 20th. Finally, Barclays PLC reaffirmed an overweight rating and set a GBX 535 ($7.06) price objective on shares of Royal Mail PLC in a research report on Monday, July 10th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of GBX 467 ($6.16).
Shares of Royal Mail PLC (LON:RMG) opened at 380.10 on Thursday. The firm’s 50-day moving average price is GBX 382.38 and its 200 day moving average price is GBX 406.87. The company’s market cap is GBX 3.76 billion. Royal Mail PLC has a 12 month low of GBX 368.26 and a 12 month high of GBX 501.00.
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About Royal Mail PLC
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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