Royal Mail PLC (RMG) Scheduled to Post Earnings on Thursday
Royal Mail PLC (LON:RMG) is scheduled to be posting its quarterly earnings results on Thursday, November 17th.
Royal Mail PLC (LON:RMG) opened at 499.20 on Wednesday. The stock’s 50 day moving average price is GBX 490.89 and its 200 day moving average price is GBX 505.64. Royal Mail PLC has a 1-year low of GBX 412.80 and a 1-year high of GBX 549.00. The company’s market cap is GBX 4.99 billion.
A number of equities research analysts have weighed in on RMG shares. JPMorgan Chase & Co. lowered their price objective on Royal Mail PLC from GBX 605 ($7.56) to GBX 580 ($7.25) and set an “overweight” rating on the stock in a report on Tuesday, September 20th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 320 ($4.00) price objective on shares of Royal Mail PLC in a report on Wednesday, September 28th. Goldman Sachs Group Inc. reaffirmed a “neutral” rating and issued a GBX 600 ($7.50) price objective on shares of Royal Mail PLC in a report on Thursday, September 8th. Royal Bank Of Canada lowered their price objective on Royal Mail PLC from GBX 540 ($6.75) to GBX 500 ($6.25) and set a “sector perform” rating on the stock in a report on Friday, July 22nd. Finally, Jefferies Group reissued an “underperform” rating and set a GBX 360 ($4.50) price target on shares of Royal Mail PLC in a research note on Thursday, August 25th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. Royal Mail PLC presently has an average rating of “Hold” and an average price target of GBX 470.17 ($5.87).
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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