ROYAL MAIL PLC/ADR (ROYMY) Stock Rating Upgraded by Goldman Sachs Group
Goldman Sachs Group upgraded shares of ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) from a neutral rating to a buy rating in a report released on Thursday morning, The Fly reports.
Several other analysts have also commented on ROYMY. Zacks Investment Research lowered shares of ROYAL MAIL PLC/ADR from a hold rating to a sell rating in a research note on Wednesday, January 30th. Berenberg Bank raised shares of ROYAL MAIL PLC/ADR from a sell rating to a hold rating in a research note on Monday, April 1st. Finally, HSBC raised shares of ROYAL MAIL PLC/ADR from a hold rating to a buy rating in a research note on Monday, February 4th. Four research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The company presently has an average rating of Hold.
ROYAL MAIL PLC/ADR stock opened at $4.99 on Thursday. The company has a market capitalization of $2.57 billion, a PE ratio of 4.19 and a beta of 1.07. ROYAL MAIL PLC/ADR has a 12-month low of $4.92 and a 12-month high of $14.69.
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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