Royal Mail PLC (RMG) Rating Reiterated by Liberum Capital

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Royal Mail PLC (LON:RMG)‘s stock had its “sell” rating restated by investment analysts at Liberum Capital in a note issued to investors on Wednesday. They presently have a GBX 320 ($4.18) price target on the stock. Liberum Capital’s price target would suggest a potential downside of 33.72% from the company’s previous close.

Several other equities analysts also recently commented on the company. Credit Suisse Group AG increased their price target on Royal Mail PLC from GBX 490 ($6.40) to GBX 559 ($7.30) and gave the company a “neutral” rating in a report on Wednesday, June 1st. Jefferies Group increased their price target on Royal Mail PLC from GBX 380 ($4.96) to GBX 400 ($5.22) and gave the company an “underperform” rating in a report on Friday, June 3rd. Royal Bank Of Canada increased their price target on Royal Mail PLC from GBX 525 ($6.85) to GBX 540 ($7.05) and gave the company a “sector performer” rating in a report on Friday, June 3rd. Goldman Sachs Group Inc. reiterated a “neutral” rating and set a GBX 600 ($7.83) price target on shares of Royal Mail PLC in a report on Thursday, September 8th. Finally, JPMorgan Chase & Co. lowered their price target on Royal Mail PLC from GBX 605 ($7.90) to GBX 580 ($7.57) and set an “overweight” rating on the stock in a report on Tuesday, September 20th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 466 ($6.08).

Shares of Royal Mail PLC (LON:RMG) opened at 482.50 on Wednesday. Royal Mail PLC has a one year low of GBX 412.80 and a one year high of GBX 549.00. The firm’s market capitalization is GBX 4.82 billion. The firm’s 50 day moving average is GBX 514.51 and its 200-day moving average is GBX 502.72.



In other Royal Mail PLC news, insider Lester,Matthew purchased 27,561 shares of the firm’s stock in a transaction on Friday, July 22nd. The shares were purchased at an average price of GBX 500 ($6.53) per share, for a total transaction of £137,805 ($179,878.61).

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In short - some say buy, some say sell, some say hold

If, before too long, the db pension is scrapped without much ado (which I very much hope it isn't and won't be) , watch the share price climb. My/our loss will be someone elses gain.