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Royal Mail PLC (OTCMKTS:ROYMF) has earned an average recommendation of “Hold” from the twelve brokerages that are currently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company.
A number of research firms have weighed in on ROYMF. Sanford C. Bernstein raised Royal Mail from a “market perform” rating to an “outperform” rating in a research report on Monday, June 17th. Societe Generale raised Royal Mail from a “sell” rating to a “hold” rating in a research report on Friday, June 14th. HSBC reiterated a “hold” rating on shares of Royal Mail in a research note on Friday, June 7th. JPMorgan Chase & Co. upgraded Royal Mail from an “underweight” rating to a “neutral” rating in a research note on Tuesday, June 4th. Finally, Berenberg Bank upgraded Royal Mail from a “sell” rating to a “hold” rating in a research note on Monday, April 1st.
Shares of ROYMF remained flat at $$2.55 during midday trading on Friday. 500 shares of the stock were exchanged, compared to its average volume of 28,096. Royal Mail has a fifty-two week low of $2.47 and a fifty-two 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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