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JPMorgan Chase & Co. lowered shares of Royal Mail (OTCMKTS:ROYMF) from a neutral rating to an underweight rating in a research report report published on Tuesday, October 29th, Briefing.com Automated Import reports.
Separately, Liberum Capital lowered Royal Mail from a hold rating to a sell rating in a research report on Tuesday, September 24th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold.
Shares of Royal Mail stock remained flat at $$2.62 on Tuesday. Royal Mail has a 12-month low of $2.46 and a 12-month high of $4.13. The firm’s 50 day moving average is $2.81 and its two-hundred day moving average is $2.76.
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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