Related Articles
Royal Mail PLC (OTCMKTS:ROYMF) has been given a consensus rating of “Hold” by the twelve ratings firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has assigned a buy recommendation to the company.
Several equities research analysts have recently commented on the company. Societe Generale raised Royal Mail from a “sell” rating to a “hold” rating in a report on Friday, June 14th. Berenberg Bank raised Royal Mail from a “sell” rating to a “hold” rating in a report on Monday, April 1st. HSBC reaffirmed a “hold” rating on shares of Royal Mail in a report on Friday, June 7th. Sanford C. Bernstein raised Royal Mail from a “market perform” rating to an “outperform” rating in a report on Monday. Finally, JPMorgan Chase & Co. raised Royal Mail from an “underweight” rating to a “neutral” rating in a report on Tuesday, June 4th.
ROYMF stock remained flat at $$2.62 during trading hours on Friday. Royal Mail has a 1 year low of $2.47 and a 1 year high of $6.48.
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.
Read More: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades
Receive News & Ratings for Royal Mail Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Royal Mail and related companies with MarketBeat.com’s FREE daily email newsletter.
Source link
