Royal Bank of Canada upgraded shares of Royal Mail (OTCMKTS:ROYMF) from an underperform rating to a sector perform rating in a report published on Friday morning, MarketBeat Ratings reports.
ROYMF has been the subject of several other research reports. Citigroup cut shares of Royal Mail from a neutral rating to a sell rating in a report on Friday, October 5th. Cantor Fitzgerald restated a hold rating on shares of Royal Mail in a report on Monday, November 19th. Finally, Jefferies Financial Group cut shares of Royal Mail to a sell rating in a report on Monday, October 1st. Three equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock has an average rating of Hold.
Royal Mail stock opened at $4.14 on Friday. Royal Mail has a twelve month low of $4.40 and a twelve month high of $8.12.
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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