ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) Given Average Rating of “Hold” by Analysts

ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) has received a consensus rating of “Hold” from the nine analysts that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company.

A number of brokerages recently commented on ROYMY. Berenberg Bank raised ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. HSBC cut ROYAL MAIL PLC/ADR from a “buy” rating to a “hold” rating in a research note on Friday, June 7th. Societe Generale raised ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research note on Thursday, June 13th. Sanford C. Bernstein raised ROYAL MAIL PLC/ADR from a “market perform” rating to an “outperform” rating in a research note on Monday, June 17th. Finally, Goldman Sachs Group raised ROYAL MAIL PLC/ADR from a “neutral” rating to a “buy” rating in a research note on Thursday, May 23rd.

Shares of OTCMKTS ROYMY traded down $0.02 during midday trading on Friday, hitting $5.22. The stock had a trading volume of 46,265 shares, compared to its average volume of 45,964. ROYAL MAIL PLC/ADR has a fifty-two week low of $4.90 and a fifty-two week high of $13.54. The stock has a market capitalization of $2.62 billion, a P/E ratio of 4.39 and a beta of 1.33.

ROYAL MAIL PLC/ADR 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.

Featured Article: How to identify percentage decliners

Receive News & Ratings for ROYAL MAIL PLC/ADR Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for ROYAL MAIL PLC/ADR and related companies with MarketBeat.com’s FREE daily email newsletter.