Home / Royal Mail / Jefferies Financial Group Comments on ROYAL MAIL PLC/ADR’s FY2019 Earnings (OTCMKTS:ROYMY)

Jefferies Financial Group Comments on ROYAL MAIL PLC/ADR’s FY2019 Earnings (OTCMKTS:ROYMY)

ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) – Research analysts at Jefferies Financial Group issued their FY2019 EPS estimates for shares of ROYAL MAIL PLC/ADR in a report released on Monday, June 3rd, according to Zacks Investment Research. Jefferies Financial Group analyst D. Kerstens expects that the company will post earnings of $0.51 per share for the year. Jefferies Financial Group also issued estimates for ROYAL MAIL PLC/ADR’s FY2020 earnings at $0.46 EPS, FY2021 earnings at $0.57 EPS, FY2022 earnings at $0.76 EPS and FY2023 earnings at $0.90 EPS.

ROYMY has been the topic of several other research reports. HSBC cut ROYAL MAIL PLC/ADR from a “buy” rating to a “hold” rating in a research report on Friday, June 7th. Berenberg Bank raised ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a report on Monday, April 1st. Sanford C. Bernstein raised ROYAL MAIL PLC/ADR from a “market perform” rating to an “outperform” rating in a report on Monday, June 17th. JPMorgan Chase & Co. raised ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a report on Monday, June 3rd. Finally, Societe Generale raised ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a report on Thursday, June 13th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. ROYAL MAIL PLC/ADR presently has a consensus rating of “Hold”.

ROYMY stock traded up $0.30 during trading on Wednesday, hitting $5.36. The company had a trading volume of 8,132 shares, compared to its average volume of 40,186. The stock has a market cap of $2.49 billion, a price-to-earnings ratio of 4.50 and a beta of 1.33. ROYAL MAIL PLC/ADR has a 1-year low of $4.90 and a 1-year high of $13.44. The company has a 50-day simple moving average of $5.42.

About ROYAL MAIL PLC/ADR

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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Earnings History and Estimates for ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY)

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