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JPMorgan Chase & Co. lowered shares of Royal Mail (OTCMKTS:ROYMF) from a neutral rating to an underweight rating in a report issued on Tuesday, October 29th, Briefing.com Automated Import reports.
Separately, Liberum Capital downgraded Royal Mail from a hold rating to a sell rating in a research report on Tuesday, September 24th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of Hold.
OTCMKTS ROYMF opened at $2.80 on Tuesday. The stock’s 50-day simple moving average is $2.76 and its two-hundred day simple moving average is $2.79. Royal Mail has a twelve month low of $2.46 and a twelve 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.
Further Reading: Diversification Important in Investing
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