Royal Mail (OTCMKTS:ROYMY – Get Rating) had its price objective decreased by Berenberg Bank from GBX 575 ($6.93) to GBX 480 ($5.78) in a research report report published on Friday, The Fly reports. A number of other analysts have also recently issued reports on ROYMY. JPMorgan Chase & Co. reduced …
Read More »Villagers to lose their Post Office for a month while it is refurbished
Villagers are to lose their Post Office for a month while it undergoes a major refurbishment. The Post Office has confirmed that Great Easton Post Office and Stores, in High Street, Great Easton, near Market Harborough, will be temporarily closed from next Monday (August 1). The work is expected to …
Read More »Lloyds and Halifax to shut 66 bank branches, including 2 in Devon
Lloyds Banking Group has announced a further 66 branches across its Lloyds Bank and Halifax locations will close permanently later this year. This is the fourth announcement of closures from the banking group in recent months, marking another nail in the coffin for the UK high street. The bank closures …
Read More »Essex Post Office boss cleared of historic criminal charges as scandal over Horizon programme rumbles on
An Essex Post Office boss, who has one of five who were convicted as a result of a computer systems scandal, has been cleared by the Court of Appeal. On Monday, Duranda Clarke, of Thaxted, as well as Robert Boyle, Jack Smith, Grant Allen and Richard Hawkes all had their …
Read More »Royal Mail (LON:RMG) Receives Buy Rating from Citigroup
Citigroup reissued their buy rating on shares of Royal Mail (LON:RMG – Get Rating) in a report published on Thursday, Marketbeat reports. The firm currently has a GBX 410 ($4.90) target price on the stock. RMG has been the subject of a number of other reports. Barclays reissued an overweight …
Read More »Postman fired for taking 130 parcels home when ill and delivering them on his day off
A Royal Mail postman who took 130 parcels home with him when he fell ill on his round was sacked for delivering them on his day off. Walacy Ramos had kept the parcels in his living room overnight without asking his superiors when he suddenly became unwell. Deciding to finish …
Read More »Royal Mail plc (OTCMKTS:ROYMY) Receives Consensus Recommendation of “Hold” from Analysts
Royal Mail plc (OTCMKTS:ROYMY – Get Rating) has received an average rating of “Hold” from the ten ratings firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and one has issued a …
Read More »Berenberg Bank Lowers Royal Mail (OTCMKTS:ROYMY) Price Target to GBX 480
Royal Mail (OTCMKTS:ROYMY – Get Rating) had its target price lowered by Berenberg Bank from GBX 575 ($6.87) to GBX 480 ($5.74) in a research report issued to clients and investors on Friday, The Fly reports. Several other research firms also recently weighed in on ROYMY. Deutsche Bank Aktiengesellschaft lowered …
Read More »Royal Mail plc (OTCMKTS:ROYMY) Given Consensus Recommendation of “Hold” by Brokerages
Royal Mail plc (OTCMKTS:ROYMY – Get Rating) has earned a consensus recommendation of “Hold” from the ten brokerages that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has assigned a buy recommendation to …
Read More »Citigroup Cuts Royal Mail (OTCMKTS:ROYMY) Price Target to GBX 410
Royal Mail (OTCMKTS:ROYMY – Get Rating) had its price target lowered by Citigroup from GBX 710 ($8.49) to GBX 410 ($4.90) in a research report report published on Thursday, The Fly reports. ROYMY has been the subject of several other research reports. Berenberg Bank lowered their target price on shares …
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