FILE PHOTO: The logo of Royal Mail is seen outside the Mount Pleasant Sorting Office as a delivery vehicle arrives, in London, Britain, June 25, 2020. REUTERS/John Sibley (Reuters) – Royal Mail Plc will name board member Simon Thompson as its next chief executive in the coming days, Sky News …
Read More »Prince Harry settles with Mail on Sunday over ‘damaging’ Royal Marines article
Lifestyle 7 Jan, 2021 09:06 PM3 minutes to read Prince Harry has hit back at claims he abandoned his ties with the Royal Marines. Photo / Getty Images Prince Harry was “frustrated and saddened” by claims he “snubbed” the Royal Marines by stepping down as a senior royal, according to …
Read More »Royal Mail plc : The underlying trend is to the upside
Jordan Dufee Senior Analyst Strategy published on : 01/06/2021 | 02:49 long trade Live Entry price : 360.1GBXTarget : 472.6GBXStop-loss : 295GBX Potential : 31.24% The underlying tendency is to the upside for shares in Royal Mail plc and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.Investors …
Read More »Berenberg upgrades Royal Mail, says risks are more balanced
Berenberg upped its rating on Royal Mail on Tuesday to ‘hold’ from ‘sell’ and hiked the price target to 280p from 137p as it said risks remain but are now balanced. The bank noted that despite a severe hit to mail volumes, Royal Mail has been relatively successful during the …
Read More »FTSE 250 movers: Softcat surges on update; Royal Mail gets an upgrade
London’s FTSE 250 was up 0.5% at 20,633.81 in afternoon trade on Tuesday. Softcat surged to the top of the index after saying that trading has remained positive since its first-quarter statement in mid-November and the company is ahead of where it expected to be. In an update ahead of …
Read More »Royal Mail to focus on pandemic-driven parcel growth as union dispute ends
Royal Mail and the Communication Workers Union (CWU) had been locked in a dispute over a 1.8 billion pound ($2.42 billion) restructuring plan, proposed by its former chief executive officer, Rico Back. The resistance led to Back resigning in May. “This agreement marks the end of our two year dispute …
Read More »Royal legal war heats up: Prince Harry sues Mail on Sunday for defamation
Lifestyle 9 Dec, 2020 01:03 AM3 minutes to read The lawsuit marks the sixth defamation case launched on behalf of the couple, who are ramping up their relentless pursuit against UK tabloids. Photo / Getty Images Prince Harry is suing the Mail on Sunday as he and wife Meghan Markle …
Read More »Broker tips: AA, Royal Mail, United Utilities
Jefferies upped its rating on AA shares to ‘hold’ from ‘underperform’ on Tuesday as it hiked its price target to 35.0p from 5.0p based on the 35.0p a share cash offer from a consortium of TowerBrook Capital Partners and Warburg Pincus. Still, Jefferies said the deal isn’t done and risk-reward …
Read More »Credit Suisse upgrades Royal Mail, hikes price target
Credit Suisse upped Royal Mail to ‘neutral’ from ‘underperform’ on Friday, hiking the price target 261p from 94p as it said the UK outlook has been improved by pandemic-driven tailwinds. Following new analysis of short-term parcel trends and early indications of letter and parcel revenue baselines beyond the pandemic, the …
Read More »Broker tips: Whitbread, Royal Mail, Grafton
Barclays upgraded Premier Inn owner Whitbread to ‘overweight’ from ‘equal-weight’ on Friday, lifting the price target to 3,350.0p from 2,500.0p, arguing that it’s one of the most attractive recovery plays in the sector following this week’s vaccine news. The bank said it now has a greater level of confidence that …
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