Royal Mail PLC (ROYMF) Given Consensus Rating of “Hold” by Analysts

Shares of Royal Mail PLC (OTCMKTS:ROYMF) have earned a consensus rating of “Hold” from the eleven research firms that are covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company.

Several research analysts have recently commented on ROYMF shares. Morgan Stanley upgraded Royal Mail from an “underweight” rating to an “equal” rating in a research report on Thursday, February 14th. HSBC upgraded Royal Mail from a “hold” rating to a “buy” rating in a research report on Monday, February 4th. Deutsche Bank restated a “sell” rating on shares of Royal Mail in a research report on Friday, February 8th. Societe Generale lowered Royal Mail to a “sell” rating in a research report on Tuesday, February 5th. Finally, Berenberg Bank upgraded Royal Mail from a “sell” rating to a “hold” rating in a research report on Monday, April 1st.

Shares of ROYMF remained flat at $$3.18 during midday trading on Monday. The stock had a trading volume of 8,182 shares, compared to its average volume of 22,988. Royal Mail has a 1-year low of $3.14 and a 1-year high of $7.44.

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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