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ValuEngine upgraded shares of ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) from a sell rating to a hold rating in a research note released on Wednesday morning, ValuEngine reports.
A number of other research firms also recently weighed in on ROYMY. HSBC downgraded ROYAL MAIL PLC/ADR from a buy rating to a hold rating in a research note on Friday, June 7th. Societe Generale upgraded ROYAL MAIL PLC/ADR from a sell rating to a hold rating in a research note on Thursday, June 13th. Finally, Sanford C. Bernstein upgraded ROYAL MAIL PLC/ADR from a market perform rating to an outperform rating in a research note on Monday, June 17th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold.
ROYMY stock opened at $4.95 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 0.80 and a debt-to-equity ratio of 0.11. The business has a 50 day moving average price of $5.17 and a two-hundred day moving average price of $5.62. The company has a market cap of $2.47 billion, a price-to-earnings ratio of 6.10 and a beta of 1.26. ROYAL MAIL PLC/ADR has a twelve month low of $4.49 and a twelve month high of $9.67.
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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To view ValuEngine’s full report, visit ValuEngine’s official website.
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