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Royal Mail (OTCMKTS:ROYMF)‘s stock had its “hold” rating reissued by stock analysts at HSBC in a research note issued to investors on Friday, June 7th, Briefing.com Automated Import reports.
A number of other brokerages have also commented on ROYMF. JPMorgan Chase & Co. raised shares of Royal Mail from an “underweight” rating to a “neutral” rating in a report on Tuesday, June 4th. Deutsche Bank reissued a “sell” rating on shares of Royal Mail in a report on Friday, February 8th. Morgan Stanley raised shares of Royal Mail from an “underweight” rating to an “equal” rating in a report on Thursday, February 14th. Finally, Berenberg Bank upgraded shares of Royal Mail from a “sell” rating to a “hold” rating in a research report on Monday, April 1st. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold”.
ROYMF opened at $2.55 on Friday. Royal Mail has a twelve month low of $2.47 and a twelve month high of $6.48.
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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