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HSBC lowered shares of ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) from a buy rating to a hold rating in a research note released on Friday, June 7th, The Fly reports.
ROYMY has been the subject of a number of other reports. Berenberg Bank upgraded shares of ROYAL MAIL PLC/ADR from a sell rating to a hold rating in a research report on Monday, April 1st. JPMorgan Chase & Co. upgraded shares of ROYAL MAIL PLC/ADR from an underweight rating to a neutral rating in a research report on Monday, June 3rd. Finally, Goldman Sachs Group upgraded shares of ROYAL MAIL PLC/ADR from a neutral rating to a buy rating in a report on Thursday, May 23rd. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The company has an average rating of Hold.
Shares of ROYMY traded down $0.32 during trading on Friday, reaching $4.98. 19,365 shares of the company traded hands, compared to its average volume of 40,696. ROYAL MAIL PLC/ADR has a twelve month low of $4.90 and a twelve month high of $13.44. The firm has a market cap of $2.58 billion, a PE ratio of 4.18 and a beta of 1.33. The business’s 50-day moving average is $5.44.
ROYAL MAIL PLC/ADR 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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