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Royal Mail (OTCMKTS:ROYMF) was downgraded by stock analysts at Sanford C. Bernstein from an “outperform” rating to a “market perform” rating in a report issued on Friday, Briefing.com Automated Import reports.
ROYMF has been the subject of several other reports. Liberum Capital lowered shares of Royal Mail from a “hold” rating to a “sell” rating in a research report on Tuesday, September 24th. JPMorgan Chase & Co. lowered shares of Royal Mail from a “neutral” rating to an “underweight” rating in a report on Tuesday, October 29th. Three investment analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. The company has a consensus rating of “Hold”.
OTCMKTS ROYMF opened at $2.64 on Friday. The company has a 50-day simple moving average of $2.79 and a two-hundred day simple moving average of $2.74. Royal Mail has a 12-month low of $2.46 and a 12-month high of $4.13.
About Royal Mail
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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