On Jun 27, 2018 RBC Capital Markets with GBX 500.00 Target Upgrades Royal Mail (LON:RMG).

June 27, 2018 - By Heather Owens

Royal Mail plc (LON:RMG) Corporate Logo

RBC Capital Markets Upped Royal Mail (LON:RMG)’s Rating to “Sector perform”.

Royal Mail (LON:RMG)‘s stock was upgraded to “Sector perform” at RBC Capital Markets. Expert analysts have a GBX 500.00 PT and indicates a potential upside of 0.60 % on Tuesday, 26 June.

Royal Mail plc (LON:RMG) Ratings Coverage

Total analysts of 11 have positions in Royal Mail (LON:RMG) as follows: 2 rated it a “Buy”, 6 with “Sell” and 3 with “Hold”. The positive are 18%. Since January 2, 2018 according to StockzIntelligence Inc Royal Mail has 31 analyst reports. On Friday, January 5 the company was maintained by Barclays Capital. On Tuesday, January 16 the company was maintained by JP Morgan. In Wednesday, March 7 report Barclays Capital maintained the stock with “Overweight” rating. On Thursday, May 10 the stock of Royal Mail plc (LON:RMG) earned “Sell” rating by Liberum Capital. On Monday, February 19 the company was maintained by Morgan Stanley. On Friday, January 19 the rating was maintained by JP Morgan with “Overweight”. On Friday, April 13 the firm earned “Sector Performer” rating by RBC Capital Markets. The company rating was maintained by Liberum Capital on Monday, April 9. On Tuesday, May 22 the firm earned “Neutral” rating by JP Morgan. On Monday, June 4 Liberum Capital maintained Royal Mail plc (LON:RMG) rating. Liberum Capital has “Sell” rating and GBX 415 target.

RMG is hitting GBX 503.8 during the last trading session, after increased 0.52%.Currently Royal Mail plc is after 0.00% change in last June 27, 2017. RMG has 745,053 shares volume. RMG underperformed the S&P 500 by 12.57%.

Royal Mail plc operates as an universal postal service well-known provider in the United Kingdom and other European countries.The firm is valued at 5.04 billion GBP. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands.The P/E ratio is 19.6. 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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