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Stock analysts at Jefferies Group assumed coverage on shares of Royal Mail (NASDAQ:ROYMF) in a report issued on Wednesday. The firm set an “underperform” rating on the stock.

Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. upgraded shares of Royal Mail from a “sell” rating to a “neutral” rating in a research note on Friday, May 23rd. Separately, analysts at Berenberg Bank initiated coverage on shares of Royal Mail in a research note on Tuesday, May 13th. They set a “buy” rating on the stock. Finally, analysts at Deutsche Bank initiated coverage on shares of Royal Mail in a research note on Friday, April 4th. They set a “hold” rating on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold”.

Royal Mail (NASDAQ:ROYMF) opened at 8.1829 on Wednesday. Royal Mail has a 52 week low of $7.76 and a 52 week high of $10.02. The stock’s 50-day moving average is $9.03 and its 200-day moving average is $9.42. The company has a market cap of $8.183 billion and a P/E ratio of 3.94.

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