Media coverage about Royal Mail (OTCMKTS:ROYMF) has been trending negative this week, InfoTrie reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Royal Mail earned a coverage optimism score of -2.00 on their scale. InfoTrie also gave headlines about the company an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the next few days.
Several analysts have issued reports on the stock. JPMorgan Chase & Co. cut shares of Royal Mail from a “neutral” rating to an “underweight” rating in a research note on Tuesday, October 29th. Sanford C. Bernstein lowered shares of Royal Mail from an “outperform” rating to a “market perform” rating in a report on Friday, November 29th. Three equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The company currently has a consensus rating of “Hold”.
Shares of OTCMKTS:ROYMF remained flat at $$2.90 on Thursday. Royal Mail has a 52-week low of $2.46 and a 52-week high of $3.91. The business has a 50-day moving average price of $2.95 and a 200 day moving average price of $2.75.
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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