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JPMorgan Chase & Co. reiterated their buy rating on shares of Royal Mail (OTCMKTS:ROYMF – Get Rating) in a report released on Thursday, TipRanks reports. The brokerage currently has a $702.00 target price on the stock.
Other analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft downgraded Royal Mail to a sell rating and set a $275.00 target price for the company. in a research note on Tuesday, March 29th. Barclays reaffirmed a buy rating and issued a $640.00 target price on shares of Royal Mail in a research note on Thursday, March 24th.
Shares of ROYMF opened at $4.25 on Thursday. Royal Mail has a 52-week low of $4.25 and a 52-week high of $8.91. The stock has a fifty day simple moving average of $4.94 and a two-hundred day simple moving average of $5.88.
About Royal Mail (Get Rating)
Royal Mail plc, together with its subsidiaries, operates as a universal postal service provider in Italy, France, Spain, Germany, North America, Croatia, the Czech Republic, Hungary, Poland, Romania, Slovakia, Slovenia, Austria, Belgium, Denmark, Ireland, the Netherlands, and Portugal. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands.
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