[ad_1] Over recent months, my office has been contacted by a growing number of constituents across Inverclyde and Renfrewshire West raising serious concerns about the standard of service provided by the delivery company Evri. I am hearing of a repeated and consistent pattern of parcels going missing, deliveries being delayed without explanation, items marked as delivered…
[ad_1] 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 letters six days a…
[ad_1] 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 efforts to reduce its…
[ad_1] 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% from the stock’s current…
[ad_1] 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 of International Distributions Services…
[ad_1] 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 its business into a…
[ad_1] 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 and Downgrades Separately, Deutsche…
[ad_1] 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. The average 12-month price…
[ad_1] 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. The average 12-month target…
[ad_1] 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 has been the subject…