null (LON:IDS – Get Rating) had its price objective cut by Deutsche Bank Aktiengesellschaft from GBX 144 ($1.74) to GBX 120 ($1.45) in a report issued on Tuesday morning, MarketBeat.com reports. They currently have a sell rating on the stock.
Separately, JPMorgan Chase & Co. cut their price objective on null from GBX 270 ($3.26) to GBX 190 ($2.30) and set a neutral rating for the company in a research note on Monday.
Get null alerts:null Trading Up 0.4 %
Shares of LON:IDS opened at GBX 196.65 ($2.38) on Tuesday. The company has a market cap of £1.88 billion and a P/E ratio of 322.38. The company has a quick ratio of 1.02, a current ratio of 1.10 and a debt-to-equity ratio of 41.49. null has a 12-month low of GBX 173.65 ($2.10) and a 12-month high of GBX 213.70 ($2.58).
null Company Profile
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Royal Mail plc, together with its subsidiaries, operates as a universal postal service provider. The company offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It also provides services for the collection, sorting, and delivery of parcels and letters. In addition, the company operates ground-based parcel delivery networks in Europe that covers 40 countries and nation states.
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