Royal Mail PLC (LON:RMG) insider Maria da Cunha acquired 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The shares were bought at an average price of GBX 177 ($2.33) per share, for a total transaction of £26,550 ($34,925.02).
Shares of RMG stock opened at GBX 181.25 ($2.38) on Friday. The company has a current ratio of 0.76, a quick ratio of 0.74 and a debt-to-equity ratio of 32.69. Royal Mail PLC has a 1 year low of GBX 168.05 ($2.21) and a 1 year high of GBX 295.50 ($3.89). The firm’s fifty day moving average price is GBX 207.69 and its two-hundred day moving average price is GBX 213.53. The firm has a market capitalization of $1.81 billion and a P/E ratio of 5.61.
A number of equities research analysts recently commented on the stock. Jefferies Financial Group dropped their price objective on shares of Royal Mail from GBX 150 ($1.97) to GBX 140 ($1.84) and set an “underperform” rating on the stock in a report on Friday, February 7th. Barclays restated an “overweight” rating on shares of Royal Mail in a report on Friday, January 10th. Deutsche Bank restated a “sell” rating and set a GBX 150 ($1.97) price objective on shares of Royal Mail in a report on Friday, February 7th. Societe Generale lowered shares of Royal Mail to a “sell” rating and dropped their price objective for the stock from GBX 200 ($2.63) to GBX 148 ($1.95) in a report on Tuesday. Finally, Liberum Capital restated a “sell” rating on shares of Royal Mail in a report on Thursday, February 6th. Eight research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. Royal Mail has a consensus rating of “Hold” and a consensus target price of GBX 178.75 ($2.35).
Royal Mail Company Profile
Royal Mail plc, together with its subsidiaries, operates as an universal postal service provider in the United Kingdom, the United States, and other European countries. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. The company also provides services for the collection, sorting, and delivery of parcels and letters; and designs and produces stamps and philatelic items, as well as offers media and marketing mail services.
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