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Royal Mail PLC (OTCMKTS:ROYMF) has been given a consensus rating of “Hold” by the eleven research firms that are presently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and one has assigned a buy recommendation to the company.
Several research firms have recently issued reports on ROYMF. JPMorgan Chase & Co. downgraded shares of Royal Mail from a “neutral” rating to an “underweight” rating in a research note on Tuesday, October 29th. Liberum Capital downgraded shares of Royal Mail from a “hold” rating to a “sell” rating in a research note on Tuesday, September 24th.
Shares of OTCMKTS ROYMF traded up $0.23 during mid-day trading on Monday, reaching $3.03. 200 shares of the company’s stock were exchanged, compared to its average volume of 19,792. The company’s 50-day moving average is $2.78 and its 200-day moving average is $2.77. Royal Mail has a 52-week low of $2.46 and a 52-week high of $4.14.
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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