Royal Mail PLC (OTCMKTS:ROYMF) has been assigned an average recommendation of “Hold” from the eleven brokerages that are currently covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company.
ROYMF has been the topic of several recent analyst reports. Cantor Fitzgerald restated a “hold” rating on shares of Royal Mail in a report on Tuesday, January 29th. Societe Generale downgraded shares of Royal Mail to a “sell” rating in a report on Tuesday, February 5th. JPMorgan Chase & Co. restated an “underweight” rating on shares of Royal Mail in a report on Thursday, January 24th. Morgan Stanley upgraded shares of Royal Mail from an “underweight” rating to an “equal” rating in a report on Thursday, February 14th. Finally, Goldman Sachs Group restated a “neutral” rating on shares of Royal Mail in a report on Tuesday, January 22nd.
Royal Mail stock traded down $0.12 during trading hours on Thursday, reaching $3.18. The stock had a trading volume of 266 shares, compared to its average volume of 22,988. Royal Mail has a 52 week low of $3.14 and a 52 week high of $7.44.
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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