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ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) was downgraded by investment analysts at Berenberg Bank from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday, The Fly reports.
A number of other brokerages also recently issued reports on ROYMY. Sanford C. Bernstein downgraded ROYAL MAIL PLC/ADR from an “outperform” rating to a “market perform” rating in a report on Friday, November 29th. Zacks Investment Research raised ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the stock. ROYAL MAIL PLC/ADR presently has a consensus rating of “Hold”.
OTCMKTS ROYMY opened at $5.06 on Tuesday. The stock has a 50-day moving average of $5.75 and a two-hundred day moving average of $5.45. The company has a market cap of $2.62 billion, a P/E ratio of 6.25 and a beta of 1.34. ROYAL MAIL PLC/ADR has a 1-year low of $4.49 and a 1-year high of $7.64.
About ROYAL MAIL PLC/ADR
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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