Royal Mail share price: where next after Q1 results?

Where next for Royal Mail shares? Arguably, 2022’s share price collapse is a fair reflection of Royal Mail losing market share to nimbler competitors operating without the legal requirement for universal delivery, falling letter use, and reducing e-commerce parcel demand as the pandemic fades. But its biggest problem is far …

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Royal Mail (LON:RMG) Receives Buy Rating from Citigroup

Citigroup reissued their buy rating on shares of Royal Mail (LON:RMG – Get Rating) in a report published on Thursday, Marketbeat reports. The firm currently has a GBX 410 ($4.90) target price on the stock. RMG has been the subject of a number of other reports. Barclays reissued an overweight …

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Philips is running out of chances to reassure

Philips CEO Frans van Houten presents financial results in Amsterdam, Netherlands, January 29, 2019. REUTERS/Eva Plevier Register now for FREE unlimited access to Reuters.com Register LONDON, July 25 (Reuters Breakingviews) – Philips’ (PHG.AS) problems are mounting faster than Chief Executive Frans van Houten can treat them. Six months after seeing …

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