Home / Royal Mail / UBS upgrades Royal Mail to ‘neutral’ – ShareCast

UBS upgrades Royal Mail to ‘neutral’ – ShareCast

UBS upgrades Royal Mail to 'neutral'
ShareCast
After UK Mail reported weak UK parcel volumes last week and on the heels of reports of adverse pan-European trading (TNT Express) the Swiss broker has decided to cut its estimate of parcel volume growth for this fiscal year at Royal Mail to 2% from 2.5%.

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