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.
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.
Featured Story: What are the risks of holding treasury bonds?
Receive News & Ratings for Royal Mail Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Mail and related companies with MarketBeat.com's FREE daily email newsletter.