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Shares of Royal Mail PLC (OTCMKTS:ROYMF) have received an average recommendation of “Hold” from the eleven analysts that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating on the company.
Separately, Liberum Capital lowered Royal Mail from a “hold” rating to a “sell” rating in a research report on Tuesday, September 24th.
Shares of ROYMF remained flat at $$2.74 during mid-day trading on Thursday. The business has a 50-day moving average of $2.71 and a two-hundred day moving average of $2.84. Royal Mail has a one year low of $2.46 and a one year high of $6.32.
About Royal Mail
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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