ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) Upgraded to “Hold” at Societe Generale

ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) was upgraded by investment analysts at Societe Generale from a “sell” rating to a “hold” rating in a research note issued on Thursday, June 13th, The Fly reports.

A number of other equities analysts have also recently weighed in on the company. HSBC cut ROYAL MAIL PLC/ADR from a “buy” rating to a “hold” rating in a report on Friday, June 7th. JPMorgan Chase & Co. upgraded ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a research note on Monday, June 3rd. Goldman Sachs Group upgraded ROYAL MAIL PLC/ADR from a “neutral” rating to a “buy” rating in a research note on Thursday, May 23rd. Finally, Berenberg Bank upgraded ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold”.

OTCMKTS ROYMY opened at $5.33 on Thursday. The firm has a market cap of $2.67 billion, a PE ratio of 4.48 and a beta of 1.26. ROYAL MAIL PLC/ADR has a twelve month low of $4.90 and a twelve month high of $13.14. The business has a 50-day simple moving average of $5.25.

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.

See Also: Cost of equity and a company’s balance sheet

Receive News & Ratings for ROYAL MAIL PLC/ADR Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for ROYAL MAIL PLC/ADR and related companies with MarketBeat.com’s FREE daily email newsletter.