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Royal Mail PLC (OTCMKTS:ROYMF) has been assigned a consensus rating of “Hold” from the twelve brokerages that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and one has issued a buy recommendation on the company.
Several research firms recently commented on ROYMF. Societe Generale upgraded Royal Mail from a “sell” rating to a “hold” rating in a research report on Friday, June 14th. Berenberg Bank upgraded easyJet to a “hold” rating in a research report on Monday, April 1st. JPMorgan Chase & Co. began coverage on INTL CONS AIRL/S in a research report on Tuesday, June 4th. They issued an “overweight” rating on the stock. Sanford C. Bernstein upgraded Royal Mail from a “market perform” rating to an “outperform” rating in a research report on Monday, June 17th. Finally, HSBC restated a “hold” rating on shares of Royal Mail in a research report on Friday, June 7th.
Shares of Royal Mail stock opened at $2.74 on Tuesday. The business’s 50 day moving average is $2.69. Royal Mail has a twelve month low of $2.47 and a twelve month high of $6.32.
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.
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