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HSBC lowered shares of ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) from a buy rating to a hold rating in a research report report published on Friday, June 7th, The Fly reports.
ROYMY has been the subject of a number of other reports. Goldman Sachs Group upgraded ROYAL MAIL PLC/ADR from a neutral rating to a buy rating in a report on Thursday, May 23rd. Berenberg Bank upgraded ROYAL MAIL PLC/ADR from a sell rating to a hold rating in a research note on Monday, April 1st. Finally, JPMorgan Chase & Co. upgraded ROYAL MAIL PLC/ADR from an underweight rating to a neutral rating in a research note on Monday, June 3rd. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. ROYAL MAIL PLC/ADR has an average rating of Hold.
Shares of OTCMKTS ROYMY opened at $5.22 on Friday. ROYAL MAIL PLC/ADR has a 52 week low of $4.90 and a 52 week high of $13.54. The company 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.
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