Shares of Royal Mail PLC (OTCMKTS:ROYMF) have earned a consensus recommendation of “Hold” from the ten ratings firms that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation and six have issued a hold recommendation on the company.
A number of analysts have weighed in on the stock. JPMorgan Chase & Co. downgraded shares of Royal Mail from a “neutral” rating to an “underweight” rating in a research report on Tuesday, October 29th. Liberum Capital downgraded shares of Royal Mail from a “hold” rating to a “sell” rating in a research report on Tuesday, September 24th. Finally, Sanford C. Bernstein downgraded shares of Royal Mail from an “outperform” rating to a “market perform” rating in a research report on Friday, November 29th.
OTCMKTS:ROYMF remained flat at $$2.63 on Friday. The company has a fifty day simple moving average of $2.75 and a 200-day simple moving average of $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.
Recommended Story: Put Option Volume
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.