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HSBC Reaffirms Hold Rating for Royal Mail (OTCMKTS:ROYMF)

Royal Mail (OTCMKTS:ROYMF)‘s stock had its “hold” rating reiterated by HSBC in a research note issued to investors on Friday, June 7th, TipRanks reports. Several other research analysts have also issued reports on ROYMF. Morgan Stanley raised Royal Mail from an “underweight” rating to an “equal” rating in a research …

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Top 20 FTSE Dividend Paying Stocks

UK income investors have had a tough time so far in 2019 with a number of high-profile FTSE 100 name cutting dividends, including Marks & Spencer (MKS), and Vodafone (VOD), which cuts its pay out for the first time in almost 20 years. Former FTSE 100 member Royal Mail Group …

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Royal Mail (LON:RMG) Cut to Hold at HSBC

Royal Mail (LON:RMG) was downgraded by research analysts at HSBC to a “hold” rating in a report released on Friday, June 7th, ThisIsMoney.Co.Uk reports. They presently have a GBX 216 ($2.82) price target on the stock, down from their previous price target of GBX 300 ($3.92). HSBC’s price objective would …

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Labour play down BT renationalisation rumour

Labour played down rumours yesterday it was looking to renationalise BT in a move that would cost around £30 billion. It was reported that advisers to Labour leader Jeremy Corbyn were considering a plan drawn up by the Communications Workers’ Union to bring the company back into public ownership. Labour’s …

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