ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) Receives Consensus Rating of “Hold” from Analysts

Shares of ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) have earned a consensus rating of “Hold” from the nine ratings firms that are currently covering the firm, MarketBeat reports. Three investment 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.

ROYMY has been the subject of a number of research analyst reports. Goldman Sachs Group upgraded ROYAL MAIL PLC/ADR from a “neutral” rating to a “buy” rating in a report on Thursday, May 23rd. Societe Generale upgraded ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a report on Thursday, June 13th. JPMorgan Chase & Co. upgraded ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a report on Monday, June 3rd. Sanford C. Bernstein upgraded ROYAL MAIL PLC/ADR from a “market perform” rating to an “outperform” rating in a report on Monday, June 17th. Finally, Berenberg Bank upgraded ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a report on Monday, April 1st.

Shares of OTCMKTS:ROYMY opened at $5.19 on Wednesday. The business’s 50-day simple moving average is $5.20. The company has a market cap of $2.63 billion, a PE ratio of 4.36 and a beta of 1.26. ROYAL MAIL PLC/ADR has a one year low of $4.90 and a one year high of $13.14.

About ROYAL MAIL PLC/ADR

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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