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Royal Mail (OTCMKTS:ROYMF)‘s stock had its “hold” rating reissued by investment analysts at HSBC in a research note issued on Friday, June 7th, TipRanks reports.
A number of other research analysts also recently commented on the stock. Deutsche Bank reiterated a “sell” rating on shares of Royal Mail in a research note on Friday, February 8th. Morgan Stanley raised shares of Royal Mail from an “underweight” rating to an “equal” rating in a report on Thursday, February 14th. JPMorgan Chase & Co. upgraded shares of Royal Mail from an “underweight” rating to a “neutral” rating in a research report on Tuesday, June 4th. Finally, Berenberg Bank upgraded shares of Royal Mail from a “sell” rating to a “hold” rating in a report on Monday, April 1st. Three analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. Royal Mail currently has an average rating of “Hold”.
Shares of OTCMKTS ROYMF opened at $2.55 on Friday. Royal Mail has a 12-month low of $2.47 and a 12-month high of $6.48.
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.
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