Tag Archives: Mail

Jefferies upgraded its stance on shares of Royal Mail on Tuesday to ‘hold’ from ‘underperform’ and hiked the price target to 450p from 300p. The bank said a better-than-expected peak season and ongoing Covid-19 restrictions lead to a 60% increase in its FY20/21E operating profit forecast to £580m. “We estimate …

Deutsche Bank upgraded Royal Mail to ‘buy’ from ‘hold’ on Wednesday, highlighting a “complete change of outlook”, as it hiked the price target to 550.0p from 320.0p. The bank noted that its ‘sell’ case on the stock between 1 December 2017 and 5 May 2020 was based on the fact …

FILE PHOTO: The logo of Royal Mail is seen outside the Mount Pleasant Sorting Office as a delivery vehicle arrives, in London, Britain, June 25, 2020. REUTERS/John Sibley (Reuters) – Royal Mail Plc will name board member Simon Thompson as its next chief executive in the coming days, Sky News …

Lifestyle 7 Jan, 2021 09:06 PM3 minutes to read Prince Harry has hit back at claims he abandoned his ties with the Royal Marines. Photo / Getty Images Prince Harry was “frustrated and saddened” by claims he “snubbed” the Royal Marines by stepping down as a senior royal, according to …

Jordan Dufee Senior Analyst Strategy published on : 01/06/2021 | 02:49 long trade Live Entry price : 360.1GBXTarget : 472.6GBXStop-loss : 295GBX Potential : 31.24% The underlying tendency is to the upside for shares in Royal Mail plc and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.Investors …

Berenberg upped its rating on Royal Mail on Tuesday to ‘hold’ from ‘sell’ and hiked the price target to 280p from 137p as it said risks remain but are now balanced. The bank noted that despite a severe hit to mail volumes, Royal Mail has been relatively successful during the …

London’s FTSE 250 was up 0.5% at 20,633.81 in afternoon trade on Tuesday. Softcat surged to the top of the index after saying that trading has remained positive since its first-quarter statement in mid-November and the company is ahead of where it expected to be. In an update ahead of …

Royal Mail and the Communication Workers Union (CWU) had been locked in a dispute over a 1.8 billion pound ($2.42 billion) restructuring plan, proposed by its former chief executive officer, Rico Back. The resistance led to Back resigning in May. “This agreement marks the end of our two year dispute …

Lifestyle 9 Dec, 2020 01:03 AM3 minutes to read The lawsuit marks the sixth defamation case launched on behalf of the couple, who are ramping up their relentless pursuit against UK tabloids. Photo / Getty Images Prince Harry is suing the Mail on Sunday as he and wife Meghan Markle …

Jefferies upped its rating on AA shares to ‘hold’ from ‘underperform’ on Tuesday as it hiked its price target to 35.0p from 5.0p based on the 35.0p a share cash offer from a consortium of TowerBrook Capital Partners and Warburg Pincus. Still, Jefferies said the deal isn’t done and risk-reward …