Analysts Offer Insights on Conglomerates Companies: and Royal Mail (Other OTC: ROYMF)

By Austin Angelo

Analysts fell to the sidelines weighing in on and Royal Mail (ROYMFResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Royal Mail (ROYMF)

In a report issued on February 10, Rob Byde from Cantor Fitzgerald maintained a Hold rating on Royal Mail. The company’s shares closed last Friday at $5.19, equals to its 52-week high of $5.19.

According to TipRanks.com, Byde is ranked #6728 out of 7230 analysts.

Currently, the analyst consensus on Royal Mail is a Moderate Buy with an average price target of $4.71, representing a -9.2% downside. In a report issued on May 17, Bernstein also upgraded the stock to Hold with a £1.65 price target.

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