Royal Mail (ROYMF) Rating Lowered to Sell at Deutsche Bank

Royal Mail (OTCMKTS:ROYMF) was downgraded by equities researchers at Deutsche Bank from a “hold” rating to a “sell” rating in a research note issued to investors on Friday.

A number of other brokerages have also recently issued reports on ROYMF. Berenberg Bank initiated coverage on Royal Mail in a research note on Tuesday, October 31st. They set a “hold” rating on the stock. UBS raised Royal Mail from a “sell” rating to a “neutral” rating in a research note on Wednesday, October 11th.

Royal Mail (OTCMKTS ROYMF) opened at $5.59 on Friday. Royal Mail has a 12 month low of $4.90 and a 12 month high of $5.61.

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