Home / Royal Mail / JPMorgan Chase & Co. Reaffirms Buy Rating for Royal Mail (OTCMKTS:ROYMF)

JPMorgan Chase & Co. Reaffirms Buy Rating for Royal Mail (OTCMKTS:ROYMF)


JPMorgan Chase & Co. reissued their buy rating on shares of Royal Mail (OTCMKTS:ROYMF – Get Rating) in a report issued on Thursday morning, TipRanks reports. They currently have a $702.00 price objective on the stock.

A number of other research analysts have also issued reports on ROYMF. Deutsche Bank Aktiengesellschaft lowered Royal Mail to a sell rating and set a $275.00 price objective for the company. in a research report on Tuesday, March 29th. Barclays restated a buy rating and set a $640.00 price objective on shares of Royal Mail in a research report on Thursday, March 24th.

OTCMKTS:ROYMF opened at $4.25 on Thursday. Royal Mail has a 12-month low of $4.25 and a 12-month high of $8.91. The business has a 50 day simple moving average of $4.94 and a 200 day simple moving average of $5.88.

Royal Mail Company Profile (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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