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Tag Archives: royal

Royal Mail surges on JPMorgan upgrade to ‘overweight’

Royal Mail surged on Wednesday as JPMorgan Cazenove upgraded the stock to ‘overweight’ from ‘neutral’ and lifted the price target to 374p from 253p, saying it sees a potential strong improvement in trading over the next 18 months, due in part to an improved revenue outlook. “In our view, this …

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Royal Mail to hire 10,000 more temporary Christmas

Whitehead & Aldrich News: Due to a rise in online shopping, Royal Mail is aiming to hire 33,000 additional workers for the Christmas pe… https://t.co/61s1EzdYvv 2 hours ago Drapers .@RoyalMail is hiring thousands more Christmas workers in anticipation of a bumper online peak season. #ecommerce… https://t.co/wVB8VkU85o 2 hours ago isabelle tracy RT @thesundaytimes: Royal Mail …

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Royal Mail rallies after JPMorgan upgrade

Royal Mail shares rallied on Friday after JPMorgan Cazenove upgraded its rating to ‘neutral’ from ‘underweight’. It said that while the UK turnaround is far from certain, stronger short-run trading has at least bought some time, and should prevent a build-up of net debt. “The CWU negotiations appear to be …

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Broker tips: Rolls-Royce, Travis Perkins, Avast, Royal Mail

Analysts at Berenberg slashed their target price on aerospace and defence manufacturer Rolls-Royce from 890.0p to 270.0p on Friday but upped their rating on the firm from ‘hold’ to ‘buy’, stating nothing was priced in for a turnaround. Berenberg said the market appears to have given up on Rolls-Royce, with …

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