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Royal Mail (OTCMKTS:ROYMF) was upgraded by investment analysts at Societe Generale from a “sell” rating to a “hold” rating in a research report issued on Friday, June 14th, Briefing.com Automated Import reports.
ROYMF has been the subject of several other research reports. JPMorgan Chase & Co. raised Royal Mail from an “underweight” rating to a “neutral” rating in a report on Tuesday, June 4th. HSBC reaffirmed a “hold” rating on shares of Royal Mail in a report on Friday, June 7th. Morgan Stanley raised Royal Mail from an “underweight” rating to an “equal” rating in a report on Thursday, February 14th. Finally, Berenberg Bank upgraded Royal Mail from a “sell” rating to a “hold” rating in a research report on Monday, April 1st. Three research 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’s stock. Royal Mail presently has a consensus rating of “Hold”.
Shares of ROYMF opened at $2.55 on Friday. Royal Mail has a 12-month low of $2.47 and a 12-month high of $6.48. The stock has a fifty day moving average price of $2.95.
About Royal Mail
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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