UBS Group Initiates Coverage on ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY)

Equities researchers at UBS Group started coverage on shares of ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) in a report issued on Monday, The Fly reports. The firm set a “buy” rating on the stock.

Other analysts also recently issued research reports about the stock. Berenberg Bank reissued a “sell” rating on shares of ROYAL MAIL PLC/ADR in a report on Tuesday, May 19th. Deutsche Bank upgraded shares of ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research report on Tuesday, May 5th. ValuEngine cut shares of ROYAL MAIL PLC/ADR from a “hold” rating to a “sell” rating in a research report on Thursday, April 2nd. Sanford C. Bernstein upgraded shares of ROYAL MAIL PLC/ADR from an “underperform” rating to a “market perform” rating in a research report on Monday, May 18th. Finally, Barclays restated an “overweight” rating on shares of ROYAL MAIL PLC/ADR in a research report on Friday, June 26th. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $5.50.

ROYMY stock opened at $4.48 on Monday. The company has a market cap of $2.00 billion, a P/E ratio of 5.53 and a beta of 1.87. ROYAL MAIL PLC/ADR has a 52 week low of $2.99 and a 52 week high of $6.69. The company’s 50-day moving average price is $4.29 and its 200 day moving average price is $4.51.

ROYAL MAIL PLC/ADR Company Profile

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 PLC/ADR (OTCMKTS:ROYMY)

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