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Royal Mail (OTCMKTS:ROYMF)‘s stock had its “hold” rating reissued by research analysts at HSBC in a research note issued to investors on Friday, June 7th, FirstToMarketsRatingsTable reports.
ROYMF has been the topic of several other research reports. Morgan Stanley raised shares of Royal Mail from an “underweight” rating to an “equal” rating in a research report on Thursday, February 14th. Deutsche Bank reissued a “sell” rating on shares of Royal Mail in a research report on Friday, February 8th. JPMorgan Chase & Co. raised shares of Royal Mail from an “underweight” rating to a “neutral” rating in a research report on Tuesday, June 4th. Finally, Berenberg Bank raised shares of Royal Mail from a “sell” rating to a “hold” rating in a report on Monday, April 1st. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold”.
ROYMF remained flat at $$2.72 on Friday. The company has a 50 day moving average of $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.
Further Reading: Return on Investment (ROI)
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