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Tag Archives: Shares

UBS downgrades Royal Mail to ‘sell’, shares tumble

Royal Mail shares tumbled on Wednesday as UBS downgraded them to ‘sell’ from ‘buy’ and cut the price target to 440p from 590p. The bank said risks to opex were increasing, with potential pricing pressure in UK Parcel. UBS cut its FY22/23 EBIT estimates by 8%/15%, mainly driven by higher …

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three ways to build your starter portfolio

Season three of Fantasy Fund Manager has kicked off and it’s time to pick your winning mix of British stocks. While many will favour “gut feeling” approaches, there are several time-old strategies favoured by professionals.  The Telegraph’s share tipping game launched today and everyone starts with £100,000 to invest in between five …

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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 …

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Oil market taps into vaccine positivity

In London, equity markets rose solidly as investors continued to rotate away from lockdown winners and into neglected energy, aviation and travel stocks. BP and Royal Dutch Shell both jumped against the improving demand backdrop, with the former closing up 21.4p at 274.8p. Shell rose 73.4p to £13.26, with the …

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Covid test hopes a tonic for Royal Mail

Royal Mail shot to its highest price since February 2019 on Monday, on hopes it could win a £550m government contract against Amazon to deliver 215,000 Covid home-testing kits a day as part of the NHS Test and Trace. Britain’s postal service company rose 8.5p to 261.7p. Adding to optimism is …

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Retail rebound lost pace in August – live updates

Good morning. The latest official data on UK retail sales, set for release at 7am, is expected to show a slowdown during August amid the impact of the Treasury’s hugely-popular Eat Out to Help Out scheme. Elsewhere, it’s a typically quiet Friday, with European stocks expected to drift slightly lower …

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