UK communications regulator Ofcom announced plans to review the nation’s universal postal service on Tuesday, as a result of the changing needs and habits of postal users. Ofcom said the universal postal service, underpinned by the Postal Services Act of 2011, mandated International Distributions Services subsidiary Royal Mail to deliver …
Read More »UK’s first drone delivery service launched by Royal Mail | World News
The UK’s first drone delivery service has been launched by Royal Mail on the Orkney islands off the coast of Scotland. The drones, Speedbird Aero DLV-2 model, can carry payloads of up to 6 kg. Chris Paxton, head of drone trials at Royal Mail, said it would assist the company’s …
Read More »Barclays Reiterates Equal Weight Rating for International Distributions Services (LON:IDS)
International Distributions Services (LON:IDS – Get Rating)‘s stock had its “equal weight” rating reaffirmed by equities research analysts at Barclays in a report released on Friday, Marketbeat Ratings reports. They currently have a GBX 250 ($3.13) target price on the stock. Barclays‘s price objective indicates a potential upside of 22.31% …
Read More »International Distributions Services’ (IDS) “Equal Weight” Rating Reaffirmed at Barclays
Barclays restated their equal weight rating on shares of International Distributions Services (LON:IDS – Get Rating) in a report issued on Monday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 250 ($3.12) target price on the stock. Separately, JPMorgan Chase & Co. dropped their price target on shares …
Read More »Royal Mail threatens to put postal service into administration
Royal Mail issued a threat to put its loss-making postal service into administration, it emerged on Tuesday, amid escalating talks with union chiefs. According to the Telegraph, the postal operator – part of the recently-renamed International Distributions Services – had warned unions that it could place the regulated part of …
Read More »null (LON:IDS) Reaches New 1-Year High at $209.90
Shares of null (LON:IDS – Get Rating) hit a new 52-week high on Tuesday . The stock traded as high as GBX 209.90 ($2.54) and last traded at GBX 208.35 ($2.52), with a volume of 314079 shares changing hands. The stock had previously closed at GBX 203.70 ($2.46). Analyst Upgrades …
Read More »Royal Mail plc (LON:RMG) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
Royal Mail plc (LON:RMG – Get Rating) has been given a consensus recommendation of “Moderate Buy” by the eight research firms that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating and six have assigned a buy rating to the company. …
Read More »Royal Mail plc (LON:RMG) Given Consensus Rating of “Moderate Buy” by Analysts
Shares of Royal Mail plc (LON:RMG – Get Rating) have earned an average rating of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation and six have issued a buy recommendation on the company. …
Read More »Royal Mail (LON:RMG) Sets New 1-Year Low at $258.80
Royal Mail plc (LON:RMG – Get Rating) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 258.80 ($3.17) and last traded at GBX 267.70 ($3.28), with a volume of 588816 shares. The stock had previously closed at GBX 273.40 ($3.35). RMG …
Read More »Royal Mail (LON:RMG) Hits New 12-Month Low at $268.20
Royal Mail plc (LON:RMG – Get Rating) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 268.20 ($3.26) and last traded at GBX 273.20 ($3.32), with a volume of 3818060 shares changing hands. The stock had previously closed at GBX 279.10 …
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