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Shares of Royal Mail PLC (OTCMKTS:ROYMF) have received an average rating of “Hold” from the twelve research firms that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company.
A number of brokerages have commented on ROYMF. Sanford C. Bernstein upgraded Royal Mail from a “market perform” rating to an “outperform” rating in a research report on Monday. Societe Generale upgraded Royal Mail from a “sell” rating to a “hold” rating in a research report on Friday, June 14th. HSBC restated a “hold” rating on shares of Royal Mail in a research report on Friday, June 7th. JPMorgan Chase & Co. upgraded Royal Mail from an “underweight” rating to a “neutral” rating in a research report on Tuesday, June 4th. Finally, Berenberg Bank upgraded Royal Mail from a “sell” rating to a “hold” rating in a research report on Monday, April 1st.
Shares of ROYMF stock remained flat at $$2.62 during mid-day trading on Friday. Royal Mail has a 52 week low of $2.47 and a 52 week high of $6.48.
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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