Home / Royal Mail / Royal Mail (OTCMKTS:ROYMF) Getting Somewhat Critical Media Coverage, Report Finds

Royal Mail (OTCMKTS:ROYMF) Getting Somewhat Critical Media Coverage, Report Finds

Media coverage about Royal Mail (OTCMKTS:ROYMF) has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Royal Mail earned a media sentiment score of -1.83 on their scale. InfoTrie also gave news stories about the company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock’s share price in the near term.

Royal Mail stock opened at $3.11 on Friday. The firm has a fifty day moving average of $2.77 and a 200-day moving average of $2.69. Royal Mail has a 52-week low of $2.46 and a 52-week high of $3.91.

A number of research firms have recently commented on ROYMF. JPMorgan Chase & Co. downgraded Royal Mail from a “neutral” rating to an “underweight” rating in a report on Tuesday, October 29th. Liberum Capital cut Royal Mail from a “hold” rating to a “sell” rating in a report on Tuesday, September 24th. Finally, Sanford C. Bernstein downgraded shares of Royal Mail from an “outperform” rating to a “market perform” rating in a research report on Friday, November 29th. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. The company currently has an average rating of “Hold”.

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.

Recommended Story: What does the Producer Price Index (PPI) tell investors?



Receive News & Ratings for Royal Mail Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Royal Mail and related companies with MarketBeat.com’s FREE daily email newsletter.


Source link

About admin

Check Also

Millie Bobby Brown gives tearful speech as filming finishes for Stranger Things

Millie Bobby Brown has given a tearful goodbye to the crew of Stranger Things after …

Leave a Reply

Your email address will not be published. Required fields are marked *