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 (ROYMF – Research 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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