ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) Stock Rating Upgraded by Societe Generale

ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) was upgraded by analysts at Societe Generale from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday, June 13th, The Fly reports.

Several other equities research analysts have also commented on the stock. HSBC lowered shares of ROYAL MAIL PLC/ADR from a “buy” rating to a “hold” rating in a research report on Friday, June 7th. JPMorgan Chase & Co. raised shares of ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a research report on Monday, June 3rd. Goldman Sachs Group upgraded ROYAL MAIL PLC/ADR from a “neutral” rating to a “buy” rating in a research note on Thursday, May 23rd. Finally, Berenberg Bank upgraded ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. ROYAL MAIL PLC/ADR currently has a consensus rating of “Hold”.

Shares of OTCMKTS ROYMY traded up $0.10 during midday trading on Thursday, hitting $5.32. 15,801 shares of the company’s stock traded hands, compared to its average volume of 39,843. ROYAL MAIL PLC/ADR has a 1 year low of $4.90 and a 1 year high of $13.36. The stock has a market capitalization of $2.61 billion, a PE ratio of 4.47 and a beta of 1.26. The company has a fifty day moving average price of $5.31.

ROYAL MAIL PLC/ADR 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.

Recommended Story: The risks of owning bonds

Receive News & Ratings for ROYAL MAIL PLC/ADR Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for ROYAL MAIL PLC/ADR and related companies with MarketBeat.com’s FREE daily email newsletter.