Royal Mail (OTCMKTS:ROYMY – Get Rating) had its target price cut by JPMorgan Chase & Co. from GBX 632 ($7.56) to GBX 360 ($4.30) in a research note issued to investors on Thursday, The Fly reports. A number of other equities research analysts have also recently weighed in on the …
Read More »Royal Mail to Consider Separation of GLS
By Kyle Morris Royal Mail PLC said Wednesday that it will consider the separation of its namesake Royal Mail business and GLS if it can’t achieve significant operational change at Royal Mail in the U.K. The British letter-and-parcel courier said it will rename the holding company to International Distributions Services …
Read More »Royal Mail PLC 1Q Revenue Down 11.5% Year on Year
By Kyle Morris Royal Mail PLC said Wednesday that its fiscal first-quarter group revenue fell 11.5% on year and that it was committed to reaching an agreement with a union after a ballot on strike action on Tuesday. The British letter-and-parcel courier said revenue for the three months ended June …
Read More »Reviewing Royal Mail (OTCMKTS:ROYMY) and Tokuyama (OTCMKTS:TKYMY)
Royal Mail (OTCMKTS:ROYMY – Get Rating) and Tokuyama (OTCMKTS:TKYMY – Get Rating) are both transportation companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, analyst recommendations, institutional ownership, dividends, profitability, earnings and risk. Profitability This table compares Royal Mail …
Read More »Royal Mail (OTCMKTS:ROYMY) Hits New 52-Week Low After Analyst Downgrade
Royal Mail plc (OTCMKTS:ROYMY – Get Rating)’s share price hit a new 52-week low during mid-day trading on Thursday after Barclays lowered their price target on the stock from GBX 400 to GBX 320. The company traded as low as $6.44 and last traded at $6.72, with a volume of …
Read More »Royal Mail (OTCMKTS:ROYMY) Sets New 12-Month Low on Analyst Downgrade
Royal Mail plc (OTCMKTS:ROYMY – Get Rating) reached a new 52-week low on Thursday after Barclays lowered their price target on the stock from GBX 400 to GBX 320. The stock traded as low as $6.44 and last traded at $6.72, with a volume of 1316 shares. The stock had …
Read More »Royal Mail (OTCMKTS:ROYMY) Downgraded to Neutral at UBS Group
Royal Mail (OTCMKTS:ROYMY – Get Rating) was downgraded by investment analysts at UBS Group from a “buy” rating to a “neutral” rating in a note issued to investors on Wednesday, The Fly reports. ROYMY has been the topic of several other reports. Deutsche Bank Aktiengesellschaft dropped their target price on …
Read More »Short Interest in Royal Mail plc (OTCMKTS:ROYMY) Drops By 26.1%
Royal Mail plc (OTCMKTS:ROYMY – Get Rating) saw a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 3,400 shares, a decrease of 26.1% from the May 15th total of 4,600 shares. Based on an average daily volume of 12,000 …
Read More »Short Interest in Royal Mail plc (OTCMKTS:ROYMY) Drops By 26.1%
Royal Mail plc (OTCMKTS:ROYMY – Get Rating) was the target of a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 3,400 shares, a decline of 26.1% from the May 15th total of 4,600 shares. Based on an average trading …
Read More »U.K. stocks extend negative streak for second day
U.K. stocks fell Wednesday, as the FTSE 100 Index UKX, -0.08% closed at 7,593.00. Of the FTSE 100 constituents, air freight company Royal Mail PLC RMG, -5.17% saw the largest decrease Wednesday, as shares shed 5.17% Shares of investment advisors firms Schroders PLC SDR, -3.23% abrdn PLC ABDN, -2.48% dropped …
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