Berenberg Bank reiterated their hold rating on shares of Royal Mail (LON:RMG) in a report released on Thursday, June 20th, Digital Look reports. They currently have a GBX 240 ($3.14) price target on the stock. Other research analysts also recently issued reports about the company. Societe Generale raised Royal Mail …
Read More »Royal Mail (LON:RMG) Given New GBX 170 Price Target at Jefferies Financial Group
Royal Mail (LON:RMG) had its price objective dropped by analysts at Jefferies Financial Group from GBX 220 ($2.87) to GBX 170 ($2.22) in a research report issued on Monday, June 3rd, ThisIsMoney.Co.Uk reports. The brokerage presently has an “underperform” rating on the stock. Jefferies Financial Group’s price objective would suggest …
Read More »Insider Buying: Royal Mail PLC (LON:RMG) Insider Buys 51,702 Shares of Stock
Royal Mail PLC (LON:RMG) insider Rico Back purchased 51,702 shares of Royal Mail stock in a transaction that occurred on Tuesday, June 4th. The stock was acquired at an average cost of GBX 199 ($2.60) per share, with a total value of £102,886.98 ($134,440.06). Rico Back also recently made the …
Read More »Royal Mail (LON:RMG) Receives Buy Rating from Goldman Sachs Group
Goldman Sachs Group reissued their buy rating on shares of Royal Mail (LON:RMG) in a research report sent to investors on Monday, June 10th, ThisIsMoney.Co.Uk reports. RMG has been the topic of several other research reports. Liberum Capital raised shares of Royal Mail to a hold rating and lowered their …
Read More »Royal Mail (LON:RMG) Upgraded to Neutral by JPMorgan Chase & Co.
JPMorgan Chase & Co. upgraded shares of Royal Mail (LON:RMG) to a neutral rating in a research report released on Tuesday, June 4th, ThisIsMoney.Co.Uk reports. They currently have GBX 252 ($3.29) price target on the stock, up from their previous price target of GBX 241 ($3.15). RMG has been the …
Read More »DHL Global Trade Barometer predicts air trade contraction
The DHL Global Trade Barometer forecasts for global air trade dropped six points from March to a new index of 49, indicating a slight contraction over the next three months. Most countries are expected to see air trade decline, with the largest contractions expected in Japan (-11 points) and the U.S. (-8 points). Further …
Read More »Royal Mail (OTCMKTS:ROYMF) Upgraded by Sanford C. Bernstein to Outperform
Royal Mail (OTCMKTS:ROYMF) was upgraded by equities researchers at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating in a report issued on Monday, June 17th, Briefing.com Automated Import reports. Other equities research analysts have also issued reports about the stock. Societe Generale upgraded shares of Royal …
Read More »Royal Mail (LON:RMG) Receives “Hold” Rating from Liberum Capital
Liberum Capital reissued their hold rating on shares of Royal Mail (LON:RMG) in a report issued on Wednesday morning, Digital Look reports. They currently have a GBX 185 ($2.42) price objective on the stock. Other research analysts also recently issued reports about the company. Berenberg Bank restated a hold rating …
Read More »Royal Mail PLC (OTCMKTS:ROYMF) Given Average Rating of “Hold” by Analysts
Shares of Royal Mail PLC (OTCMKTS:ROYMF) have received a consensus rating of “Hold” from the twelve ratings firms that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and one has assigned a buy recommendation …
Read More »UK retailers expect overseas demand spike this summer, says Royal Mail
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. …
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