Deutsche Bank (DE:DBKGn) analyst Andy Chu reiterated a Buy rating on Royal Mail (LON:RMG) PLC on Friday, setting a price target of p763, which is approximately 56.79% above the present share price of $6.38.
Chu expects Royal Mail PLC to post earnings per share (EPS) of $0.00 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Royal Mail, with an average price target of $8.72.
The analysts price targets range from a high of $10.53 to a low of $7.15.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $0 and a net profit of $0. The company's market cap is $6.38 billion.
According to TipRanks.com, Deutsche Bank analyst Andy Chu is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 15.5% and a 68.75% success rate.
Royal Mail Plc engages in the provision of postal and delivery services. It operates through the following segments: UK Parcels, International, and Letters (UKPIL), General Logistics Systems (GLS) and Group. The UKPIL segment comprises of its core UK and international parcels and letters delivery businesses under the Royal Mail and Parcelforce Worldwide brands. The GLS segment operates a ground-based, parcel delivery network that covers Europe, Western US, and Canada. The company was founded on September 6, 2013 and is headquartered in London, the United Kingdom.