Royal Mail plc (OTCMKTS:ROYMF) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Royal Mail plc (OTCMKTS:ROYMF) have received a consensus rating of “Hold” from the six brokerages that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating and three have given a hold rating to the company.

ROYMF has been the subject of several research reports. Cantor Fitzgerald restated a “neutral” rating on shares of Royal Mail in a report on Sunday, January 17th. Jefferies Financial Group upgraded shares of Royal Mail from an “underperform” rating to a “hold” rating in a report on Tuesday, February 16th.

OTCMKTS ROYMF remained flat at $$6.59 during trading on Tuesday. 14,100 shares of the company’s stock traded hands, compared to its average volume of 1,573. Royal Mail has a 1-year low of $1.41 and a 1-year high of $6.75. The stock has a 50 day simple moving average of $5.46 and a two-hundred day simple moving average of $3.85.

About Royal Mail

Royal Mail plc, together with its subsidiaries, operates as a universal postal service provider in Italy, France, Spain, Germany, North America, the Western United States, Canada, Croatia, the Czech Republic, Hungary, Romania, Slovakia, and Slovenia. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands.

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Analyst Recommendations for Royal Mail (OTCMKTS:ROYMF)

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