Royal Mail (OTCMKTS:ROYMY) Price Target Cut to GBX 240

Royal Mail (OTCMKTS:ROYMY – Get Rating) had its price objective cut by analysts at Deutsche Bank Aktiengesellschaft from GBX 275 ($3.39) to GBX 240 ($2.96) in a report issued on Friday, The Fly reports. ROYMY has been the subject of several other research reports. UBS Group decreased their price target …

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Stock markets bounce on China rate cut | Business

London’s leading stock market index bounced this morning as it managed to claw back pretty much all of yesterday’s losses. The export-heavy FTSE 100 rebounded 132.50 points, or 1.8 per cent, to 7,435.05 after China cut a key borrowing rate for mortgages in a move that boosted sentiment at the …

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MARKET REPORT: Flutter and Entain soar on Blackstone deal

London-listed betting stocks Flutter and Entain were soaring after Australia’s Crown Resorts accepted a £5billion takeover offer from private equity giant Blackstone.  Crown, as well as owning a number of prestige hotels, has a bunch of gaming assets. It owns Betfair Australasia, Chill Gaming and DGN Games along with a …

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