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Royal Mail PLC (OTCMKTS:ROYMF) has been assigned a consensus recommendation of “Hold” from the twelve research firms that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has given a buy recommendation to the company.
Several equities research analysts have recently issued reports on ROYMF shares. Sanford C. Bernstein raised Royal Mail from a “market perform” rating to an “outperform” rating in a research report on Monday, June 17th. Berenberg Bank raised easyJet to a “hold” rating in a research report on Monday, April 1st. JPMorgan Chase & Co. started coverage on INTL CONS AIRL/S in a research report on Tuesday, June 4th. They issued an “overweight” rating on the stock. HSBC reaffirmed a “hold” rating on shares of Royal Mail in a research report on Friday, June 7th. Finally, Societe Generale raised Royal Mail from a “sell” rating to a “hold” rating in a research report on Friday, June 14th.
Shares of OTCMKTS:ROYMF opened at $2.74 on Tuesday. The company has a 50-day simple moving average of $2.69. Royal Mail has a 52-week low of $2.47 and a 52-week high of $6.32.
About Royal Mail
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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