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Royal Mail PLC (OTCMKTS:ROYMF) has received a consensus recommendation of “Hold” from the eleven research firms that are covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company.
Several equities research analysts have commented on ROYMF shares. JPMorgan Chase & Co. cut Royal Mail from a “neutral” rating to an “underweight” rating in a research note on Tuesday, October 29th. Liberum Capital cut Royal Mail from a “hold” rating to a “sell” rating in a research note on Tuesday, September 24th.
OTCMKTS ROYMF remained flat at $$2.62 during trading on Monday. The business’s fifty day moving average is $2.81 and its 200-day moving average is $2.76. Royal Mail has a 12 month low of $2.46 and a 12 month high of $4.13.
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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