Royal Mail (ROYMY) Upgraded at Zacks Investment Research
Zacks Investment Research upgraded shares of Royal Mail (OTCMKTS:ROYMY) from a hold rating to a buy rating in a report released on Wednesday morning. Zacks Investment Research currently has $16.00 price target on the stock.
According to Zacks, “Royal Mail plc is a provider of postal and delivery services. Its operating segment consists of UK Parcels, International and Letters, General Logistics Systems and Other. UKPIL segment collects and delivers parcels and letters predominantly. It provides collection and delivery services under the Royal Mail and Parcelforce Worldwide brands. GLS comprises European parcel business and is focused on the deferred parcels segment. Royal Mail plc is headquartered in London, the United Kingdom. “
Royal Mail (OTCMKTS ROYMY) opened at $14.82 on Wednesday. Royal Mail has a 12-month low of $9.75 and a 12-month high of $14.95. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.75 and a current ratio of 0.76.
Royal Mail Company Profile
Royal Mail plc operates as an universal postal service provider in the United Kingdom 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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.