Telegraph.co.uk Royal Mail's"fair value" is 466pInteractive InvestorRoyal Mail (RMG) should benefit from numerous tailwinds going forward, but its 68% gain in share price since listing fully reflects this, according to analysts at Barclays. Following milestone regulatory changes and a landmark pension agreement, the …12.3 Reasons That May Make Royal Mail …
Read More »Royal Mail shares dip as flotation advisor’s analysts issue sell note – The Guardian
Royal Mail shares dip as flotation advisor's analysts issue sell noteThe GuardianOn the day MPs quizzed bankers over the Royal Mail flotation price, the company's shares have fallen 1.5% as a stream of City research was released. Analysts at UBS – which was one of the banks up before the …
Read More »Banker Defends £9.5bn Royal Mail Valuation – Sky News
Banker Defends £9.5bn Royal Mail ValuationSky NewsThe investment bank which proposed a near-£10bn valuation for Royal Mail defended its approach on Wednesday, saying it had not had access to inside information and had taken a bullish view of the company's prospects. Appearing in front of the Business, … More: continued here
Read More »UPDATE 3-Royal Mail bankers reject claims sale price was too low – Reuters
The Guardian UPDATE 3-Royal Mail bankers reject claims sale price was too lowReutersLONDON, Nov 20 (Reuters) – Goldman Sachs and UBS bankers said Britain could not have sold the Royal Mail postal service at its current higher price, rejecting accusations that one of the biggest privatisations in years had short-changed …
Read More »Royal Mail advisers defend sale price – Independent Online
Independent Online Royal Mail advisers defend sale priceIndependent OnlineLondon – Advisers on the British government's privatisation of Royal Mail said the postal service could not have been sold at its current price, rejecting accusations that one of the biggest state sell-offs in years was done on the cheap. On Wednesday …
Read More »Royal Mail Sale Has 'Cost The Taxpayer', Warns Tory MP
The Royal Mail's controversial privatisation has ended up costing the taxpayers money, a Tory MP has warned, as it was undervalued by the banks before it entered the stock market. Brian Binley, Tory member of the Business select committee, accused Goldman Sachs and UBS, the banks which advised the government …
Read More »Sell Royal Mail, Urges Bank That Led Deal – Sky News
The Guardian Sell Royal Mail, Urges Bank That Led DealSky NewsSky News has obtained a research note issued by UBS, one of the lead bookrunners on last month's deal, in which analysts set a share price target for Royal Mail of 450p, roughly 20% below the level at which the …
Read More »Royal Mail's 'fair value' is 466p
Royal Mail should benefit from numerous tailwinds, but its 68 per cent share price gain since listing fully reflects this, say analysts. More: continued here
Read More »Royal Mail advisers defend sale price
By Neil Maidment and Kylie MacLellan LONDON (Reuters) – Advisers on the British government's privatisation of Royal Mail said the postal service could not have been sold at its current … More: continued here
Read More »Royal Mail float adviser UBS says ‘sell’ postal firm’s shares – Reuters
Royal Mail float adviser UBS says 'sell' postal firm's sharesReutersLONDON Nov 20 (Reuters) – UBS, one of the banks which advised the British government on the sale of Royal Mail , on Wednesday placed a sell recommendation on its shares saying investors were too optimistic about future margins. Royal Mail's …
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