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ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) was upgraded by Societe Generale from a “sell” rating to a “hold” rating in a research note issued to investors on Thursday, June 13th, The Fly reports.
Several other analysts have also issued reports on the company. JPMorgan Chase & Co. raised ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a research note on Monday, June 3rd. Berenberg Bank raised ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. Goldman Sachs Group raised ROYAL MAIL PLC/ADR from a “neutral” rating to a “buy” rating in a research note on Thursday, May 23rd. Finally, HSBC downgraded ROYAL MAIL PLC/ADR from a “buy” rating to a “hold” rating in a report on Friday, June 7th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold”.
Shares of OTCMKTS ROYMY opened at $5.22 on Thursday. ROYAL MAIL PLC/ADR has a 12 month low of $4.90 and a 12 month high of $13.54. The stock has a market cap of $2.62 billion, a PE ratio of 4.39 and a beta of 1.33.
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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