Royal Mail (LON:RMG) Rating Lowered to Hold at HSBC

Royal Mail (LON:RMG) was downgraded by equities researchers at HSBC to a “hold” rating in a report released on Friday, June 7th, ThisIsMoney.Co.Uk reports. They presently have a GBX 216 ($2.82) target price on the stock, down from their prior target price of GBX 300 ($3.92). HSBC’s price target indicates …

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