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Sanford C. Bernstein upgraded shares of ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) from a market perform rating to an outperform rating in a report issued on Monday, June 17th, The Fly reports.
ROYMY has been the topic of a number of other reports. JPMorgan Chase & Co. upgraded ROYAL MAIL PLC/ADR from an underweight rating to a neutral rating in a report on Monday, June 3rd. Berenberg Bank raised ROYAL MAIL PLC/ADR from a sell rating to a hold rating in a research report on Monday, April 1st. Goldman Sachs Group raised ROYAL MAIL PLC/ADR from a neutral rating to a buy rating in a research report on Thursday, May 23rd. Societe Generale raised ROYAL MAIL PLC/ADR from a sell rating to a hold rating in a research report on Thursday, June 13th. Finally, HSBC lowered ROYAL MAIL PLC/ADR from a buy rating to a hold rating in a research report on Friday, June 7th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of Hold.
Shares of ROYMY stock opened at $4.98 on Monday. The firm has a 50 day moving average of $5.44. ROYAL MAIL PLC/ADR has a one year low of $4.90 and a one year high of $13.44.
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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