Home / Royal Mail / ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) Downgraded to “Market Perform” at Sanford C. Bernstein

ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) Downgraded to “Market Perform” at Sanford C. Bernstein

ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) was downgraded by investment analysts at Sanford C. Bernstein from an “outperform” rating to a “market perform” rating in a research report issued on Friday, November 29th, The Fly reports.

A number of other research analysts also recently commented on ROYMY. Zacks Investment Research raised shares of ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. ValuEngine upgraded ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Seven analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold”.

Shares of ROYMY opened at $5.67 on Friday. The firm has a market cap of $2.80 billion, a P/E ratio of 7.00 and a beta of 1.26. ROYAL MAIL PLC/ADR has a 1 year low of $4.49 and a 1 year high of $8.05. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.80 and a quick ratio of 0.78. The company has a 50 day simple moving average of $5.57 and a two-hundred day simple moving average of $5.29.

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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