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BUZZ-Royal Mail: hits 11-month high on broker upgrade
Yahoo Finance UK Royal Mail (LSE: RMG.L – news) rises 2.2 pct as Cantor Fitzgerald upgrades to "hold" from "sell". ** Lifts TP to 500p from 440p. ** Says 1 pct rise in FY revenues a solid result. ** Upgrades on valuation grounds: notes 2016E calendar P/E of 10.6x a 30 … |
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