This summer, 66% of SME retailers in the United Kingdom expect an increase in sales, and 39% expect to see an increase in overseas sales, according to a June report from the U.K.’s Royal Mail postal service. The retailers surveyed reported that increased demand for summer goods will push the anticipated spike, thanks to warmer weather and vacation season. …
Read More »Deutsche Bank Lowers Royal Mail (LON:RMG) Price Target to GBX 150
Royal Mail (LON:RMG) had its price target decreased by Deutsche Bank from GBX 180 ($2.35) to GBX 150 ($1.96) in a report released on Tuesday, June 4th, ThisIsMoney.Co.Uk reports. The firm presently has a “sell” rating on the stock. Deutsche Bank’s target price would suggest a potential downside of 25.11% …
Read More »Royal Mail PLC (LON:RMG) Receives Average Recommendation of “Hold” from Brokerages
Shares of Royal Mail PLC (LON:RMG) have earned an average rating of “Hold” from the thirteen research firms that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have assigned a buy recommendation to …
Read More »Royal Mail (LON:RMG) Price Target Lowered to GBX 170 at Jefferies Financial Group
Royal Mail (LON:RMG) had its price target reduced by investment analysts at Jefferies Financial Group from GBX 220 ($2.87) to GBX 170 ($2.22) in a research report issued to clients and investors on Monday, June 3rd, ThisIsMoney.Co.Uk reports. The firm currently has an “underperform” rating on the stock. Jefferies Financial …
Read More »Royal Mail (LON:RMG) Earns “Buy” Rating from Goldman Sachs Group
Goldman Sachs Group restated their buy rating on shares of Royal Mail (LON:RMG) in a research report released on Monday, June 10th, ThisIsMoney.Co.Uk reports. A number of other equities research analysts also recently commented on the stock. UBS Group reissued a neutral rating and issued a GBX 282 ($3.68) price …
Read More »Royal Mail (OTCMKTS:ROYMF) Rating Reiterated by HSBC
Royal Mail (OTCMKTS:ROYMF)‘s stock had its “hold” rating reiterated by research analysts at HSBC in a research report issued to clients and investors on Friday, June 7th, Briefing.com Automated Import reports. Several other research firms have also issued reports on ROYMF. Morgan Stanley upgraded shares of Royal Mail from an …
Read More »Royal Mail PLC (LON:RMG) Insider Purchases £100.45 in Stock
Royal Mail PLC (LON:RMG) insider Stuart Simpson acquired 49 shares of the business’s stock in a transaction dated Monday, June 17th. The shares were bought at an average price of GBX 205 ($2.68) per share, for a total transaction of £100.45 ($131.26). Stuart Simpson also recently made the following trade(s): …
Read More »Royal Mail (LON:RMG) Downgraded by HSBC to “Hold”
Royal Mail (LON:RMG) was downgraded by stock analysts at HSBC to a “hold” rating in a report released on Friday, June 7th, ThisIsMoney.Co.Uk reports. They presently have a GBX 216 ($2.82) target price on the stock, down from their prior target price of GBX 300 ($3.92). HSBC’s price objective would …
Read More »Royal Mail (LON:RMG) Price Target Cut to GBX 170 by Analysts at Jefferies Financial Group
Royal Mail (LON:RMG) had its price target lowered by research analysts at Jefferies Financial Group from GBX 220 ($2.87) to GBX 170 ($2.22) in a research note issued to investors on Monday, June 3rd, ThisIsMoney.Co.Uk reports. The brokerage presently has an “underperform” rating on the stock. Jefferies Financial Group’s target …
Read More »US casino merger lifts shares in William Hill
Investors placed bets on William Hill on hopes that a mega casino deal in the US will help the bookie tap America’s emerging sports betting market. Caesars Entertainment, which owns Caesars Palace in Las Vegas, was snapped up by Eldorado Resorts on Monday in a $17.3bn (£13.6bn) tie-up that will …
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