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Shares of Royal Mail PLC (OTCMKTS:ROYMF) have been given a consensus recommendation of “Hold” by the ten brokerages that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the company.
Several equities research analysts have recently commented on the company. Sanford C. Bernstein lowered Royal Mail from an “outperform” rating to a “market perform” rating in a research note on Friday, November 29th. JPMorgan Chase & Co. lowered Royal Mail from a “neutral” rating to an “underweight” rating in a research note on Tuesday, October 29th. Finally, Liberum Capital lowered Royal Mail from a “hold” rating to a “sell” rating in a research note on Tuesday, September 24th.
OTCMKTS:ROYMF opened at $2.90 on Tuesday. Royal Mail has a one year low of $2.46 and a one year high of $3.91. The business has a fifty day moving average price of $2.85 and a 200-day moving average price of $2.73.
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.
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