Related Articles
Shares of Royal Mail PLC (OTCMKTS:ROYMF) have been given an average rating of “Hold” by the twelve brokerages that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company.
Several equities analysts recently weighed in on the stock. Societe Generale upgraded shares of Royal Mail from a “sell” rating to a “hold” rating in a research report on Friday, June 14th. HSBC restated a “hold” rating on shares of Royal Mail in a research report on Friday, June 7th. 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. Finally, JPMorgan Chase & Co. upgraded shares of Royal Mail from an “underweight” rating to a “neutral” rating in a research report on Tuesday, June 4th.
ROYMF opened at $2.58 on Wednesday. The firm has a 50-day moving average of $2.59 and a 200 day moving average of $2.99. Royal Mail has a fifty-two week low of $2.46 and a fifty-two week 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.
See Also: Why is the LIBOR significant?
Receive News & Ratings for Royal Mail Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Royal Mail and related companies with MarketBeat.com’s FREE daily email newsletter.
Source link
