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Shares of Royal Mail PLC (OTCMKTS:ROYMF) have been assigned a consensus rating of “Hold” from the twelve brokerages that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating on the company.
Several research analysts have recently issued reports on the stock. HSBC restated a “hold” rating on shares of Royal Mail in a report on Friday, June 7th. Societe Generale upgraded shares of Royal Mail from a “sell” rating to a “hold” rating in a report on Friday, June 14th. JPMorgan Chase & Co. upgraded shares of Royal Mail from an “underweight” rating to a “neutral” rating in a report on Tuesday, June 4th. Finally, Sanford C. Bernstein upgraded shares of Royal Mail from a “market perform” rating to an “outperform” rating in a report on Monday, June 17th.
Shares of OTCMKTS ROYMF opened at $2.58 on Wednesday. Royal Mail has a one year low of $2.46 and a one year high of $6.32. The firm’s 50 day simple moving average is $2.59 and its two-hundred day simple moving average is $2.99.
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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