Royal Mail PLC (OTCMKTS:ROYMF) Receives Average Recommendation of “Hold” from Analysts

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Shares of Royal Mail PLC (OTCMKTS:ROYMF) have been assigned a consensus rating of “Hold” from the ten ratings firms that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has assigned a buy recommendation to the company.

A number of analysts have recently issued reports on ROYMF shares. Liberum Capital downgraded shares of Royal Mail from a “hold” rating to a “sell” rating in a report on Tuesday, September 24th. JPMorgan Chase & Co. cut shares of Royal Mail from a “neutral” rating to an “underweight” rating in a research note on Tuesday, October 29th.

Shares of OTCMKTS ROYMF traded up $0.02 during trading on Monday, reaching $2.64. 200 shares of the company traded hands, compared to its average volume of 18,887. The firm has a 50 day simple moving average of $2.81 and a 200-day simple moving average of $2.76. Royal Mail has a 52-week low of $2.46 and a 52-week high of $4.13.

About Royal Mail

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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Analyst Recommendations for Royal Mail (OTCMKTS:ROYMF)

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