Tag Archives: Royal Mail

Royal Mail (OTCMKTS:ROYMY – Get Rating) had its price target dropped by analysts at Berenberg Bank from GBX 650 ($8.01) to GBX 575 ($7.09) in a research note issued to investors on Friday, The Fly reports. Several other equities analysts also recently weighed in on ROYMY. JPMorgan Chase & Co. …

Royal Mail (LON:RMG – Get Rating)‘s stock had its “overweight” rating reaffirmed by equities researchers at Barclays in a report released on Thursday, MarketBeat.com reports. They presently have a GBX 400 ($4.93) target price on the stock. Barclays‘s price objective indicates a potential upside of 27.35% from the stock’s current …

Royal Mail (LON:RMG – Get Rating) had its target price reduced by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 275 ($3.39) to GBX 240 ($2.96) in a report released on Thursday, Marketbeat reports. The firm presently has a “sell” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates …

The cost of posting a letter or sending a parcel could rise as Royal Mail warns they may have to take action to combat soaring inflation. As a result, they may need to cut costs and increase prices, which could mean paying more for your first class stamps. Royal Mail …

The price of stamps is set to rise again, as the Royal Mail have warned ahead of another hike in the cost of living crisis which is plaguing Britain. There are plans in place to ramp up cost-cutting as a result of huge inflation, with the UK’s rate currently standing …

Royal Mail has warned the prices of letters, parcels and stamps are likely to rise again due to soaring inflation, wages, energy and fuel pressures. The group said it was facing “significant headwinds” and revealed plans to ramp up cost cutting. It is the latest UK company to admit it …

Royal Mail has said it will need to raise its prices and cut costs due to rising inflation and weak economic growth. In its full-year results for the 52-week period ended March 2022, the postal operator achieved revenue of £12.71bn, up 0.6% on the £12.64bn it achieved a year …

Royal Mail has admitted it is at a ‘crossroads’ and needs to urgently transform its operations if it is to survive and thrive in post-pandemic Britain. Parcel demand and profits have fallen at the group over the past year and boss Simon Thompson’s proclamation that ‘we have no time to …

Royal Mail has announced stamp costs are likely be raised again due to a post-lockdown slowdown and the surging costs of energy and fuel. The announcement comes on the heels of the last stamp price hike that went into effect on April 4. The postal service blamed ‘significant headwinds’ and …

Consumer confidence fears hit shares Signs that US consumers have reined in spending on “big ticket” items triggered another exodus from shares today. Tesco and B&Q owner Kingfisher were among stocks 4% lower in London as the FTSE 100 index tumbled 2% in response to a bleak session on Wall …