Related Articles
Royal Mail (OTCMKTS:ROYMF)‘s stock had its “hold” rating restated by HSBC in a research note issued on Friday, June 7th, Briefing.com Automated Import reports.
Other equities research analysts have also issued reports about the stock. Deutsche Bank reiterated a “sell” rating on shares of Royal Mail in a research note on Friday, February 8th. Berenberg Bank upgraded shares of Royal Mail from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. Morgan Stanley upgraded shares of Royal Mail from an “underweight” rating to an “equal” rating in a research note on Thursday, February 14th. Finally, JPMorgan Chase & Co. upgraded shares of Royal Mail from an “underweight” rating to a “neutral” rating in a research note on Tuesday, June 4th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold”.
Shares of Royal Mail stock traded up $0.16 during trading on Friday, hitting $2.72. 10,600 shares of the stock were exchanged, compared to its average volume of 26,312. The business’s 50-day simple moving average is $2.90. Royal Mail has a 12-month low of $2.47 and a 12-month 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.
See Also: How Investors Can Profit from Options Trading
Receive News & Ratings for Royal Mail Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Royal Mail and related companies with MarketBeat.com’s FREE daily email newsletter.
Source link
