Home / Royal Mail / Royal Mail (OTCMKTS:ROYMF) Trading 3.5% Higher

Royal Mail (OTCMKTS:ROYMF) Trading 3.5% Higher

Shares of Royal Mail PLC (OTCMKTS:ROYMF) traded up 3.5% on Friday . The stock traded as high as $2.69 and last traded at $2.69, 100 shares were traded during trading. A decline of 100% from the average session volume of 24,981 shares. The stock had previously closed at $2.60.

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. assumed coverage on shares of INTL CONS AIRL/S in a report on Tuesday, June 4th. They set an “overweight” rating on the stock. Societe Generale upgraded shares of Royal Mail from a “sell” rating to a “hold” rating in a report on Friday, June 14th. Sanford C. Bernstein upgraded shares of Royal Mail from a “market perform” rating to an “outperform” rating in a report on Monday, June 17th. Berenberg Bank upgraded shares of easyJet to a “hold” rating in a report on Monday, April 1st. Finally, HSBC reiterated a “hold” rating on shares of Royal Mail in a report on Friday, June 7th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. Royal Mail presently has an average rating of “Hold”.

The company’s 50 day moving average is $2.75.

About Royal Mail (OTCMKTS:ROYMF)

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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