Citigroup Lowers Royal Mail (ROYMF) to Sell

Citigroup downgraded shares of Royal Mail (OTCMKTS:ROYMF) from a neutral rating to a sell rating in a research note issued to investors on Friday morning.

Separately, Jefferies Financial Group downgraded shares of Royal Mail to a sell rating in a research report on Monday, October 1st. Three investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The stock has a consensus rating of Hold.

Royal Mail stock opened at $5.96 on Friday. Royal Mail has a twelve month low of $4.90 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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Analyst Recommendations for Royal Mail (OTCMKTS:ROYMF)

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