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Shares of Royal Mail PLC (OTCMKTS:ROYMF) have been given an average rating of “Hold” by the eleven analysts that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation, six have given a hold recommendation and one has issued a buy recommendation on the company.
A number of brokerages have commented on ROYMF. JPMorgan Chase & Co. lowered shares of Royal Mail from a “neutral” rating to an “underweight” rating in a research note on Tuesday. Liberum Capital lowered shares of Royal Mail from a “hold” rating to a “sell” rating in a research note on Tuesday, September 24th.
Shares of Royal Mail stock remained flat at $$2.74 during trading on Thursday. Royal Mail has a 1-year low of $2.46 and a 1-year high of $6.32. The firm’s 50 day simple moving average is $2.72 and its 200 day simple moving average is $2.82.
Royal Mail 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.
Further Reading: Average Daily Trade Volume – ADTV
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