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Royal Mail drops on overcapacity concerns
Financial Times Increasingly, the government's price on the controversial privatisation of Royal Mail has been looking less wrong. The stock fell to its lowest level since its debut day on Tuesday, losing 3.6 per cent to 405.5p. That was still above a 330p flotation … Royal Mail set to test sale price, suggests City broker Credit Suisse expects Royal Mail to miss margin targets Credit Suisse Lowers Royal Mail PLC Price Target to GBX 360 (RMG) |
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