A statement released earlier today by Liberum Capital about Royal Mail Plc (LON:RMG) maintains the target price at 320.00GBX
- Updated: September 27, 2016
Having a price of 489.65GBX, Royal Mail Plc (LON:RMG) traded -2.29% lower on the day. With the last close down -2.21% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Royal Mail Plc has recorded a 50-day average of 516.06GBX and a two hundred day average of 502.62GBX. Volume of trade was down over the average, with 2,091,158 shares of RMG changing hands under the typical 2,392,970
Stating a potential downside of -0.35%, Liberum Capital hold steady the price target of Royal Mail Plc (LON:RMG) at 320.00GBX
On Wednesday September 21, 2016, Cantor Fitzgerald released a statement on Royal Mail Plc (LON:RMG) maintained the target price at 550.00GBX that suggested an upside of 0.05%.
With a total market value of 0 GBX, Royal Mail Plc has price-earnings ratio of 20.48 with a one year low of 412.80GBX and a one year high of 549.00GBX .
A total of 12 analysts have released a report on Royal Mail Plc. Two analysts rating the company a strong buy, four analysts rating the company a buy, six analysts rating the company a hold, one analyst rating the company a underperform, and finally two analysts rating the company a sell with a 12-month price target of 503.42GBX.
More About Royal Mail Plc (LON:RMG)
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. UKPIL provides letter and parcel services to and from countries around the world under reciprocal arrangements with other overseas postal administrations. It is also responsible for the design and production of the United Kingdom's stamps and philatelic products. Parcelforce Worldwide is an express parcels business. The Company operates across a network of approximately 50 depots throughout the United Kingdom. GLS operates in continental Europe and the Republic of Ireland and has a ground-based deferred parcel delivery network in Europe. GLS provides parcel and express services, as well as logistics solutions.
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