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Tag Archives: royal

Broker tips: Hargreaves Lansdown, Royal Mail, Vodafone

The first quarter of 2020 is “make or break” for Hargreaves Lansdown as investors examine whether weak inflows are the result of temporary factors or increased competition, Berenberg said as the broker cut its price target on the company’s shares. Keeping their ‘hold’ rating on the stock the Berenberg analysts …

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Bernstein downgrades Royal Mail to ‘underperform’

“Things will get worse before they get better,” the bank said, adding that the current cash flow trajectory implies a cash crunch, with dividends and capex outpacing cash generation by around £200m. Bernstein said management will have to choose between restarting the transformation, cutting the dividend, or increasing borrowing. “The …

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FTSE 250 movers: Royal Mail tumbles, Direct Line climbs

London’s FTSE 250 was down by 0.83% at 20,304.86 in afternoon trade on Thursday, with Royal Mail dragging the index lower. Shares in the mail carrier tanked after the company said its transformation programme was behind schedule, cut its interim dividend and warned of a “challenging” outlook for the letters …

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Royal Mail Goes To Court To Block Pre-Christmas Strike

Royal Mail on Friday made a High Court bid to block a postal strike by workers due next month ahead of Christmas and around the time of Britain’s general election. Members of the Communication Workers Union recently voted to strike amid a dispute with management over pay and other employment …

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