Royal Mail PLC (OTCMKTS:ROYMF) Receives Consensus Rating of “Hold” from Brokerages

Royal Mail PLC (OTCMKTS:ROYMF) has received an average recommendation of “Hold” from the ten ratings firms that are currently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company.

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. lowered shares of Royal Mail from a “neutral” rating to an “underweight” rating in a report on Tuesday, October 29th. Liberum Capital lowered shares of Royal Mail from a “hold” rating to a “sell” rating in a report on Tuesday, September 24th. Finally, Sanford C. Bernstein lowered shares of Royal Mail from an “outperform” rating to a “market perform” rating in a report on Friday, November 29th.

Shares of OTCMKTS:ROYMF opened at $2.63 on Friday. The firm’s fifty day moving average is $2.75 and its 200-day moving average is $2.70. Royal Mail has a 52 week low of $2.46 and a 52 week high of $4.13.

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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