Shares of Royal Mail plc (OTCMKTS:ROYMY – Get Rating) have been assigned an average recommendation of “Hold” from the nine research firms that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell rating, one has given a hold rating and one has issued …
Read More »FTSE 100 Index Promotes Centrica, Unite in Latest Shuffle
By Joe Hoppe ITV PLC and Royal Mail PLC are set to drop out of the FTSE 100 index in the quarterly reshuffle and Centrica PLC, which owns British Gas, and Unite Group PLC, the student accommodation provider, are set to be promoted from the midcap FTSE 250 to London’s …
Read More »Will Royal Mail deliver over the platinum jubilee? Post details for Thursday and Friday
The late May bank holiday weekend, often referred to as the spring bank holiday, has been moved to Thursday, June 2 and an additional one has been added on Friday, June 3. The reshuffle is for the Queen’s Platinum Jubilee and will see the UK get a four-day weekend. The …
Read More »Royal Mail’s (RMG) Overweight Rating Reaffirmed at Barclays
Royal Mail (LON:RMG – Get Rating)‘s stock had its “overweight” rating reaffirmed by analysts at Barclays in a research report issued to clients and investors on Monday, Marketbeat reports. They presently have a GBX 400 ($5.06) price target on the stock. Barclays‘s price objective points to a potential upside of …
Read More »UK: BT facing first national strike in 35 years as 40,000 telecoms workers ballot over pay
BT Group, the UK telecoms giant, is facing a national strike over pay by 40,000 frontline staff across BT and its subsidiaries, Openreach and EE. The Communication Workers Union (CWU) will begin balloting from June 15. BT announced its decision to impose a pay award for this year of between …
Read More »Royal Mail plc (LON:RMG) Given Consensus Recommendation of “Buy” by Analysts
Royal Mail plc (LON:RMG – Get Rating) has been given a consensus recommendation of “Buy” by the ten ratings firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, one has given a hold recommendation and seven have issued a buy …
Read More »Royal Mail strike ballot over plans to axe over 500 jobs
ROYAL MAIL could be facing national industrial action over “ruinous” plans to axe more than 500 managerial jobs, Unite said today. The union warned of “letter and parcel delivery chaos” as it announced that about 2,400 staff in more than 1,000 workplaces will be balloted for strikes and action short of …
Read More »Can Royal Mail ride out the economic uncertainty?
Research shows that quality and value are two powerful drivers of stock market profits. With the economic outlook becoming more uncertain, it’s possible that these two factors could have an influence on the Royal Mail (LON:RMG) share price. For contrarian investors looking for shares that are being overlooked by the market, quality and value are …
Read More »Royal Mail gets ready to deliver on Sundays as parcels battle heats up
Royal Mail is getting ready to introduce Sunday deliveries, as it enters into a fierce battle with rivals. Bosses have drawn up their ‘road map’ in an effort to put the 506-year-old business at the forefront of weekend online shopping. The plan is being hailed a ‘revolution’ similar to the …
Read More »Tesco issues major supermarket announcement that could affect every shopper in Britain
Supermarket giant Tesco has announced a major change happening in every single supermarket in the UK. The retailer says the change could potentially save tens-of-thousands of shoppers’ lives. Following in the footsteps of Royal Mail and Travelodge, the supermarket favourite will be encouraging all of its 300,000 UK staff to …
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