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Royal Mail PLC (OTCMKTS:ROYMF)’s share price traded up 3.5% during mid-day trading on Friday . The stock traded as high as $2.69 and last traded at $2.69, 100 shares changed hands during trading. A decline of 100% from the average session volume of 24,981 shares. The stock had previously closed at $2.60.
Several equities research analysts have issued reports on the company. HSBC reaffirmed a “hold” rating on shares of Royal Mail in a report on Friday, June 7th. Berenberg Bank raised easyJet to a “hold” rating in a report on Monday, April 1st. Societe Generale raised Royal Mail from a “sell” rating to a “hold” rating in a report on Friday, June 14th. JPMorgan Chase & Co. assumed coverage on INTL CONS AIRL/S in a report on Tuesday, June 4th. They set an “overweight” rating for the company. Finally, Sanford C. Bernstein raised Royal Mail from a “market perform” rating to an “outperform” rating in a report on Monday, June 17th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. Royal Mail presently has an average rating of “Hold”.
The business has a 50-day simple moving average of $2.76.
About Royal Mail (OTCMKTS:ROYMF)
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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