Deutsche Reiterates Royal Mail (LON:RMG) As a “Sell”; They Now Have a Target Of GBX 250.00

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Royal Mail (LON:RMG) Rating Reaffirmed

London: In analysts report issued on Thursday morning, Deutsche reiterated their “Sell” rating on Royal Mail (LON:RMG) shares. They now have a GBX 250.00 TP on the firm. Deutsche’s target means a potential downside of -18.38 % from the company’s last stock close price.

Royal Mail plc (LON:RMG) Ratings Coverage

Among 11 analysts covering Royal Mail Plc (LON:RMG), 2 have Buy rating, 6 Sell and 3 Hold. Therefore 18% are positive. Royal Mail Plc has GBX 552 highest and GBX 250 lowest target. GBX 355.27’s average target is 16.44% above currents GBX 305.1 stock price. Royal Mail Plc had 25 analyst reports since June 19, 2018 according to SRatingsIntel. The stock of Royal Mail plc (LON:RMG) has “Neutral” rating given on Monday, October 8 by UBS. The firm has “Sell” rating by Liberum Capital given on Wednesday, November 7. As per Thursday, October 11, the company rating was maintained by Berenberg. Barclays Capital maintained Royal Mail plc (LON:RMG) on Wednesday, October 10 with “Overweight” rating. The stock has “Sell” rating by Liberum Capital on Tuesday, August 14. Liberum Capital maintained Royal Mail plc (LON:RMG) on Tuesday, October 2 with “Sell” rating. The rating was maintained by Liberum Capital with “Sell” on Thursday, November 15. The firm has “Neutral” rating given on Tuesday, October 2 by UBS. The firm has “Sell” rating given on Tuesday, November 20 by Berenberg. The firm earned “Underperform” rating on Tuesday, June 19 by Jefferies.

The stock decreased 0.75% or GBX 2.3 during the last trading session, reaching GBX 305.1. About 5.70M shares traded. Royal Mail plc (LON:RMG) has 0.00% since December 6, 2017 and is . It has underperformed by 15.62% the S&P500.

Royal Mail plc operates as an universal postal service well-known provider in the United Kingdom and other European countries. The company has market cap of 3.05 billion GBP. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It has a 32.46 P/E ratio. The firm also provides services for the collection, sorting, and delivery of parcels and letters; and creates and produces stamps and philatelic items, as well as offers media and marketing mail services.

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