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Media stories about Royal Mail (OTCMKTS:ROYMF) have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than 6,000 news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Royal Mail earned a coverage optimism score of -1.83 on their scale. InfoTrie also assigned press coverage about the company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock’s share price in the near term.
OTCMKTS ROYMF opened at $3.07 on Wednesday. The stock’s 50 day simple moving average is $2.81 and its 200-day simple moving average is $2.69. Royal Mail has a 1-year low of $2.46 and a 1-year high of $3.91.
ROYMF has been the subject of a number of analyst reports. JPMorgan Chase & Co. downgraded Royal Mail from a “neutral” rating to an “underweight” rating in a report on Tuesday, October 29th. Liberum Capital cut shares of Royal Mail from a “hold” rating to a “sell” rating in a research note on Tuesday, September 24th. Finally, Sanford C. Bernstein lowered shares of Royal Mail from an “outperform” rating to a “market perform” rating in a report on Friday, November 29th. Three equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the company. The stock presently has an average rating of “Hold”.
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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