Proactive Investors UK |
Royal Mail, for all its problems, is a bargain at this price, says HSBC
Proactive Investors UK HSBC's 12-month price target is 465p, which is 10p lower than its previous target, though it takes no account of the value of Royal Mail's surplus property, which HSBC reckons is worth 44p a share. The reduction has been prompted by HSBC lowering its … Royal Mail PLC (RMG) Raised to “Buy” at HSBC Holdings plc |
More: continued here