Press coverage about Royal Mail (OTCMKTS:ROYMF) has been trending negative on Wednesday, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than 6,000 blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Royal Mail earned a news sentiment score of -2.00 on their scale. InfoTrie also assigned media headlines about the company an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock’s share price in the next few days.
Several equities research analysts have weighed in on the stock. Liberum Capital lowered shares of Royal Mail from a “hold” rating to a “sell” rating in a report on Tuesday, September 24th. Sanford C. Bernstein lowered shares of Royal Mail from an “outperform” rating to a “market perform” rating in a report on Friday, November 29th. Finally, JPMorgan Chase & Co. lowered shares of Royal Mail from a “neutral” rating to an “underweight” rating in a report on Tuesday, October 29th. Three analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The stock has an average rating of “Hold”.
ROYMF opened at $2.90 on Wednesday. The firm’s fifty day moving average is $2.87 and its two-hundred day moving average is $2.73. Royal Mail has a twelve month low of $2.46 and a twelve month high of $3.91.
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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