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ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) has been assigned a consensus rating of “Hold” from the nine research firms that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two have assigned a buy recommendation to the company.
Several equities research analysts have recently weighed in on the company. HSBC reiterated a “hold” rating on shares of Royal Mail in a report on Friday, June 7th. Societe Generale upgraded ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a report on Thursday, June 13th. Berenberg Bank upgraded easyJet to a “hold” rating in a report on Monday, April 1st. JPMorgan Chase & Co. upgraded ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a report on Monday, June 3rd. Finally, Goldman Sachs Group upgraded Lenovo Group from a “neutral” rating to a “buy” rating in a report on Thursday, May 23rd. They noted that the move was a valuation call.
Shares of OTCMKTS ROYMY remained flat at $$5.39 during midday trading on Wednesday. 20,888 shares of the stock were exchanged, compared to its average volume of 22,722. The company has a fifty day moving average price of $5.19. ROYAL MAIL PLC/ADR has a 12 month low of $4.90 and a 12 month high of $13.14. The firm has a market capitalization of $2.70 billion, a P/E ratio of 4.53 and a beta of 1.26.
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.
Read More: Oversold
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