Berenberg cuts Royal Mail to ‘sell’ from ‘hold’ citing increased risks for postal firm’s profit growth – Proactive Investors UK
Proactive Investors UK Berenberg cuts Royal Mail to 'sell' from 'hold' citing increased risks for postal firm's profit growthProactive Investors UKThey also pointed out that with e-commerce increasingly focused on areas like Sunday or same-day delivery, which Royal Mail cannot currently provide, competition in its parcels business is only likely to intensify. The analysts concluded…