Royal Mail (OTCMKTS:ROYMF) Stock Rating Upgraded by Societe Generale

Royal Mail (OTCMKTS:ROYMF) was upgraded by Societe Generale from a “sell” rating to a “hold” rating in a note issued to investors on Friday, June 14th, Briefing.com Automated Import reports.

Other equities research analysts have also issued research reports about the company. HSBC reissued a “hold” rating on shares of Royal Mail in a research report on Friday, June 7th. JPMorgan Chase & Co. raised Royal Mail from an “underweight” rating to a “neutral” rating in a research report on Tuesday, June 4th. Berenberg Bank raised Royal Mail from a “sell” rating to a “hold” rating in a research report on Monday, April 1st. Finally, Morgan Stanley raised Royal Mail from an “underweight” rating to an “equal” rating in a research report on Thursday, February 14th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. Royal Mail presently has a consensus rating of “Hold”.

OTCMKTS:ROYMF opened at $2.72 on Friday. Royal Mail has a fifty-two week low of $2.47 and a fifty-two week high of $6.48. The company’s 50-day simple moving average is $2.90.

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.

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