JPMorgan Chase & Co. lowered shares of Royal Mail (OTCMKTS:ROYMF) from a neutral rating to an underweight rating in a research report released on Tuesday, October 29th, Briefing.com Automated Import reports.
Separately, Liberum Capital downgraded shares of Royal Mail from a hold rating to a sell rating in a research note on Tuesday, September 24th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. Royal Mail has a consensus rating of Hold.
ROYMF opened at $3.03 on Tuesday. The business has a 50 day simple moving average of $2.78 and a 200-day simple moving average of $2.77. Royal Mail has a 12 month low of $2.46 and a 12 month high of $4.14.
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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