Liberum Capital Lowers Royal Mail (LON:RMG) to Sell

Royal Mail (LON:RMG – Get Rating) was downgraded by Liberum Capital to a “sell” rating in a report issued on Wednesday, Digital Look reports. They currently have a GBX 355 ($4.76) price target on the stock, down from their prior price target of GBX 470 ($6.31). Liberum Capital’s price target …

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Is the Royal Mail share price about to fall further?

The Royal Mail (LSE:RMG) share price had quite an impressive run since the pandemic started. With demand for parcel delivery skyrocketing in line with e-commerce adoption during lockdowns, the company quickly began watching profits roll back in. So it’s hardly surprising the stock surged 220% between March 2020 and the …

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