Home / Royal Mail / BUZZ-Royal Mail: falls on bearish Morgan Stanley note – Yahoo Finance UK

BUZZ-Royal Mail: falls on bearish Morgan Stanley note – Yahoo Finance UK

admin February 17, 2015 Royal Mail Leave a comment 152 Views

BUZZ-Royal Mail: falls on bearish Morgan Stanley note
Yahoo Finance UK
Royal Mail (LSE: RMG.L – news) falls 3.6 pct as Morgan Stanley (Xetra: 885836 – news) reiterates "underweight", says further earnings risk from lower mail volume and lack of growth in parcels division. ** Says valuation too generous: 2015e FCF yield of …

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