ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) Receives Consensus Rating of “Hold” from Brokerages

Shares of ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) have earned a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company.

A number of research firms have weighed in on ROYMY. Berenberg Bank upgraded shares of easyJet to a “hold” rating in a research report on Monday, April 1st. Societe Generale upgraded shares of ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research report on Thursday, June 13th. Sanford C. Bernstein upgraded shares of Royal Mail from a “market perform” rating to an “outperform” rating in a research report on Monday, June 17th. HSBC restated a “hold” rating on shares of Royal Mail in a research report on Friday, June 7th. Finally, JPMorgan Chase & Co. upgraded shares of ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a research report on Monday, June 3rd.

OTCMKTS:ROYMY opened at $5.39 on Wednesday. The business’s fifty day moving average is $5.19. The firm has a market capitalization of $2.60 billion, a PE ratio of 4.53 and a beta of 1.26. ROYAL MAIL PLC/ADR has a fifty-two week low of $4.90 and a fifty-two week high of $13.14.

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.

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