Royal Mail PLC (LSE:RMG) is a stock still worth buying, according to UBS, despite the letters and parcels group’s underwhelming trading update yesterday. Full-year adjusted operating profit of £758mln was below UBS’s bullish forecast of £784mln and also below the median forecast (£771mln) of analysts who cover the stock. On …
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LONDON, 20 May 2022: Yesterday (19 May 2022), government, drone industry and business leaders came together at the first of Airwards’ event series: ‘The Future of the Stenosphere’. Panellists from the CAA-UK, Royal Mail, Sellafield, SkyBound Rescuer and Ajuno explored the topic of ‘Accelerating drone adoption’, in an interactive two-hour …
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Royal Mail (LON:RMG – Get Rating)‘s stock had its “overweight” rating reaffirmed by equities researchers at Barclays in a report released on Thursday, MarketBeat.com reports. They presently have a GBX 400 ($4.93) target price on the stock. Barclays‘s price objective indicates a potential upside of 27.35% from the stock’s current …
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Royal Mail (LON:RMG – Get Rating) had its target price reduced by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 275 ($3.39) to GBX 240 ($2.96) in a report released on Thursday, Marketbeat reports. The firm presently has a “sell” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates …
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2) Downbeat leadership Management sought to downplay expectations for a rapid profit recovery. Thompson noted ‘whilst 2021-22 presented operational challenges, with Omicron and elevated levels of absence, we continued to benefit from pandemic tailwinds, which are now dissipating. Non-executive Chair Keith Williams agreed, noting ‘clear headwinds as we enter 2022-23, …
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It is going to get even more expensive to send birthday cards, wedding invitations or postcards back from that staycation due to another hike in the cost of stamps. Royal Mail has cautioned people to expect further increases in the price of first and second class mail carriage. It’s also …
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He’s known for playing Hollywood heroes, but tonight Tom Cruise was Kate Middleton’s knight in shining armour. The A-lister, 59, extended his hand to the Duchess of Cambridge, 40, as she navigated a set of stairs at the Top Gun: Maverick premiere in London’s Leicester Square. Cruise was on hand …
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The cost of posting a letter or sending a parcel could rise as Royal Mail warns they may have to take action to combat soaring inflation. As a result, they may need to cut costs and increase prices, which could mean paying more for your first class stamps. Royal Mail …
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Royal Mail has cautioned over possible further price hikes and revealed plans to ramp up cost cutting as it looks to tackle soaring inflation pressures. The group said it was facing “significant headwinds” from higher wage demands, surging energy and fuel costs. It said it will need to go further …
Read More »No question about it: Richard Harpin, chief executive of HomeServe, has an uplifting tale to tell about entrepreneurial success in the unfashionable business of fixing pipes and boilers and selling parallel insurance policies via utility companies. He co-founded the business in 1993 with £500,000 of backing from South Staffordshire Water. …
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