London's main share index remains lower in afternoon trade on Tuesday, led by Royal Mail. More: continued here
Read More »Royal Mail leads FTSE lower as Greece and China weigh – Citywire.co.uk
Citywire.co.uk Royal Mail leads FTSE lower as Greece and China weighCitywire.co.ukThe blue chip index fell 39 points, or 0.6%, to 6,798 with Royal Mail (RMG) sliding 3.9% to 436.5p after analysts at JPMorgan cut their rating to 'neutral' from 'overweight' and trimmed their price target to 505p from 575p. Miners …
Read More »Britain's FTSE underperforms euro zone as commodity shares drop
Britain's top equity index drifted lower on Tuesday, hit by a drop in heavyweight banks and commodity stocks, while Royal Mail led fallers after a broker downgrade. Fresh signs of economic weakness in … More: continued here
Read More »British shares drift lower as Royal Mail falls – Yahoo Finance UK
Yahoo Finance UK British shares drift lower as Royal Mail fallsYahoo Finance UKRoyal Mail (LSE: RMG.L – news) hit by JP Morgan downgrade. * RBC (Other OTC: RBCI – news) upgrade lifts M&S. By Sudip Kar-Gupta. LONDON, Feb 10 (Reuters) – Britain's top equity index. drifted lower on Tuesday as …
Read More »Royal Mail hit by broker downgrade – Financial Times
Royal Mail hit by broker downgradeFinancial TimesRoyal Mail was among the biggest fallers on a weaker FTSE 100 on Tuesday after a downgrade from JPMorgan. Shares in the mail and parcel delivery service fell 3.6 per cent to 438p after JPMorgan cut its rating to neutral from overweight citing concerns …London's …
Read More »British shares drift lower as Royal Mail falls – Reuters UK
Reuters UK British shares drift lower as Royal Mail fallsReuters UKRoyal Mail declined by 3.1 percent – the worst performing FTSE stock in percentage terms – after investment bank JP Morgan cut its rating to "neutral" from "overweight". Fresh signs of economic weakness in China, the world's biggest consumer of …
Read More »BUZZ-Royal Mail: falls on JPM downgrade
** Royal Mail falls 3.2 pct as JPM downgrades to "neutral" from "overweight" ** Concerned over decline of near-term estimates, also cites muted guidance and increased competition from … More: continued here
Read More »Royal Mail falls as JP Morgan delivers downgrade – Proactive Investors UK
Proactive Investors UK Royal Mail falls as JP Morgan delivers downgradeProactive Investors UKShares in Royal Mail (LON:RMG) took a knock today as JP Morgan analysts delivered a downgrade to the UK postal group. The heavyweight broker cut its rating to “neutral” from “overweight”, predicting reduced mail volume and lower pricing …
Read More »British shares drift lower as Royal Mail falls
By Sudip Kar-Gupta LONDON (Reuters) – Britain's top equity index drifted lower on Tuesday as concerns about Greece and China kept investors on edge, while a broker downgrade hit Royal Mail (RMG.L). The … More: continued here
Read More »Royal Mail PLC (RMG) Share Price Recovery Could Extend Further – The C Suite
The C Suite Royal Mail PLC (RMG) Share Price Recovery Could Extend FurtherThe C SuiteAnalysts tell us that the recovery witnessed in the Royal Mail PLC (LON:RMG) stock could continue further still. Royal Mail has maintained its steady recovery from December's low, at 390p. Bill McNamara, analyst at Charles Stanley, …
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