ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) Upgraded to Hold by Societe Generale

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

ROYMY has been the topic of several 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 upgraded ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a report on Monday, April 1st. HSBC downgraded ROYAL MAIL PLC/ADR from a “buy” rating to a “hold” rating in a report on Friday, June 7th. Finally, Goldman Sachs Group upgraded ROYAL MAIL PLC/ADR from a “neutral” rating to a “buy” rating in a report on Thursday, May 23rd. Three analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. ROYAL MAIL PLC/ADR currently has an average rating of “Hold”.

ROYAL MAIL PLC/ADR stock remained flat at $$5.33 during midday trading on Thursday. The company had a trading volume of 3,500 shares, compared to its average volume of 28,297. The business’s fifty day moving average price is $5.25. The stock has a market capitalization of $2.67 billion, a P/E ratio of 4.48 and a beta of 1.26. ROYAL MAIL PLC/ADR has a 12-month low of $4.90 and a 12-month 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.

See Also: What is the QQQ ETF?

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.