In a report released today, Rob Byde from Cantor Fitzgerald maintained a Hold rating on Royal Mail PLC (ROYMF – Research Report), with a price target of $240. The company’s shares closed last Thursday at $3.18, close to its 52-week low of $3.14.
According to TipRanks.com, Byde is ranked #1610 out of 5170 analysts.
Royal Mail PLC has an analyst consensus of Hold, with a price target consensus of $3.02, implying a -5.0% downside from current levels. In a report issued on May 22, Berenberg Bank also reiterated a Hold rating on the stock with a $240 price target.
Royal Mail PLC’s market cap is currently $3.18B and has a P/E ratio of 24.65. The company has a Price to Book ratio of 0.58.
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Royal Mail Plc engages in the provision of postal and delivery services. It operates through the following segments: UKPIL (UK Parcels, International and Letters), General Logistics Systems GLS, and Group.