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Shares of ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) have earned an average recommendation of “Hold” from the nine research firms that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company.
Several brokerages have recently issued reports on ROYMY. JPMorgan Chase & Co. raised shares of ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a research report on Monday, June 3rd. HSBC reissued a “hold” rating on shares of Royal Mail in a research report on Friday, June 7th. Societe Generale raised shares of ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research report on Thursday, June 13th. Berenberg Bank raised shares of easyJet to a “hold” rating in a research report on Monday, April 1st. Finally, Sanford C. Bernstein raised shares of Royal Mail from a “market perform” rating to an “outperform” rating in a research report on Monday, June 17th.
Shares of ROYMY opened at $5.39 on Wednesday. The firm has a market capitalization of $2.60 billion, a PE ratio of 4.53 and a beta of 1.26. ROYAL MAIL PLC/ADR has a 1 year low of $4.90 and a 1 year high of $13.14. The stock’s 50-day simple moving average is $5.19.
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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