Royal Mail (OTCMKTS:ROYMF) Given Buy Rating at JPMorgan Chase & Co.

Royal Mail (OTCMKTS:ROYMF – Get Rating)‘s stock had its “buy” rating reiterated by stock analysts at JPMorgan Chase & Co. in a report released on Thursday, TipRanks reports. They presently have a $702.00 target price on the stock.

A number of other research analysts have also recently issued reports on the stock. Barclays reissued a “buy” rating and set a $640.00 price target on shares of Royal Mail in a research report on Thursday, March 24th. Deutsche Bank Aktiengesellschaft cut shares of Royal Mail to a “sell” rating and set a $275.00 price target for the company. in a research report on Tuesday, March 29th.

Shares of OTCMKTS:ROYMF remained flat at $$4.60 on Thursday. The business has a 50-day moving average price of $5.01 and a 200 day moving average price of $5.92. Royal Mail has a 52-week low of $4.35 and a 52-week high of $8.91.

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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