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ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) – Equities research analysts at Jefferies Financial Group issued their FY2019 earnings per share estimates for shares of ROYAL MAIL PLC/ADR in a report issued on Monday, June 3rd, according to Zacks Investment Research. Jefferies Financial Group analyst D. Kerstens forecasts 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.
Other research analysts have also issued reports about the stock. HSBC lowered shares of ROYAL MAIL PLC/ADR from a “buy” rating to a “hold” rating in a research note on Friday, June 7th. Berenberg Bank raised shares of ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. Sanford C. Bernstein raised shares of ROYAL MAIL PLC/ADR from a “market perform” rating to an “outperform” rating in a research note on Monday, June 17th. JPMorgan Chase & Co. raised shares of ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a research note on Monday, June 3rd. Finally, Societe Generale raised shares of ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research note on Thursday, June 13th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. ROYAL MAIL PLC/ADR currently has a consensus rating of “Hold”.
ROYAL MAIL PLC/ADR stock traded down $0.14 during midday trading on Wednesday, reaching $5.22. The company had a trading volume of 21,112 shares, compared to its average volume of 40,038. The company has a market capitalization of $2.53 billion, a P/E ratio of 4.39 and a beta of 1.33. ROYAL MAIL PLC/ADR has a 12-month low of $4.90 and a 12-month high of $13.44. The business has a fifty day moving average of $5.40.
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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