Related Articles
Royal Mail (OTCMKTS:ROYMF)‘s stock had its “hold” rating reiterated by equities researchers at HSBC in a report released on Friday, June 7th, Briefing.com Automated Import reports.
Other analysts have also recently issued reports about the company. Morgan Stanley raised Royal Mail from an “underweight” rating to an “equal” rating in a research report on Thursday, February 14th. Deutsche Bank reaffirmed a “sell” rating on shares of Royal Mail in a research report on Friday, February 8th. JPMorgan Chase & Co. raised Royal Mail from an “underweight” rating to a “neutral” rating in a research report on Tuesday, June 4th. Finally, Berenberg Bank raised Royal Mail from a “sell” rating to a “hold” rating in a research report on Monday, April 1st. Three analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold”.
Shares of ROYMF traded down $0.07 during trading hours on Friday, hitting $2.55. The company had a trading volume of 500 shares, compared to its average volume of 28,096. Royal Mail has a 52-week low of $2.47 and a 52-week high of $6.48.
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.
Read More: Neutral Rating
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
