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Royal Mail PLC Ord 1P (RMG)

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19-Nov-2020 09:33 AM

Royal Mail hit by fall in letter demand, records £20m loss for H1

The Royal Mail Group has reported a £20 million operating loss in the first half of the year, down more than 130% on the same period in 2019. A major contributing factor to the performance was a decline in its letter delivery service within Royal M
08-Sep-2020 07:58 AM

Royal Mail forecasts material loss; says won't be profitable without 'substantial' change

Royal Mail upgraded its annual revenue expectations as the Covid-19 crisis drove a spike in demand for parcels, but warned that poor letter volumes and increased costs meant it would still post a 'material' loss. Revenue for the year through Ma
05-Aug-2020 12:00 PM

Broker Forecast - Goldman Sachs issues a broker note on Royal Mail Plc

Goldman Sachs today reaffirms its buy investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 230p (from 240p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
21-Jul-2020 08:51 AM

Royal Mail spike in parcel volumes offset by letters slump

Royal Mail said parcel deliveries jumped as households ordered online during Covid-19 lockdowns, though the rise was offset by a continuing deterioration in letter volumes. In a trading update for the second quarter of 2020, the company said parcel volum
13-Jul-2020 08:20 AM

Broker Forecast - Liberum Capital issues a broker note on Royal Mail Plc

Liberum Capital today reaffirms its sell investment rating on Royal Mail Plc (LON:RMG) and raised its price target to 115p (from 105p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
02-Jul-2020 10:10 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Royal Mail Plc

JP Morgan Cazenove today reaffirms its underweight investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 145p (from 148p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
30-Jun-2020 11:10 AM

Broker Forecast - Credit Suisse issues a broker note on Royal Mail Plc

Credit Suisse today reaffirms its underperform investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 94p (from 95p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
26-Jun-2020 10:50 AM

Broker Forecast - Barclays Capital issues a broker note on Royal Mail Plc

Barclays Capital today reaffirms its overweight investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 200p (from 250p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
25-Jun-2020 07:40 AM

Royal Mail announces management restructure affecting 2,000 roles as COVID-19 hits revenue

Royal Mail has announced a management restructure that will impact around 2,000 roles as it said it was taking action on costs to address the 'immediate impact' of COVID-19, as it reported lower revenue for the first two months of 2020-21. The
12-Jun-2020 08:40 AM

Broker Forecast - Liberum Capital issues a broker note on Royal Mail Plc

Liberum Capital today reaffirms its sell investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 105p (from 120p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
19-May-2020 12:00 PM

Broker Forecast - Berenberg issues a broker note on Royal Mail Plc

Berenberg today reaffirms its sell investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 100p (from 115p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
18-May-2020 12:40 PM

Broker Forecast - Credit Suisse issues a broker note on Royal Mail Plc

Credit Suisse today reaffirms its underperform investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 95p (from 107p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
18-May-2020 12:10 PM

Broker Forecast - Bernstein issues a broker note on Royal Mail Plc

Bernstein today upgrades its investment rating on Royal Mail Plc (LON:RMG) to market perform (from underperform) and raised its price target to 165p (from 135p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.
15-May-2020 08:50 AM

Royal Mail CEO Rico Back stands down after less than two years at the helm

Royal Mail said chief executive Rico Back had stood down with immediate effect, having only taken up the role in June 2018. No explanation was provided for Back's departure, with chairman Keith Williams only saying that he had made a 'signific
05-May-2020 08:40 AM

Broker Forecast - Deutsche Bank issues a broker note on Royal Mail Plc

Deutsche Bank today upgrades its investment rating on Royal Mail Plc (LON:RMG) to hold (from sell) and raised its price target to 183p (from 93p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Apr-2020 03:40 PM

Broker Forecast - Citigroup issues a broker note on Royal Mail Plc

Citigroup today upgrades its investment rating on Royal Mail Plc (LON:RMG) to buy (from sell). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
22-Apr-2020 01:00 PM

Broker Forecast - Credit Suisse issues a broker note on Royal Mail Plc

Credit Suisse today reaffirms its underperform investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 107p (from 138p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
31-Mar-2020 08:20 AM

Broker Forecast - Deutsche Bank issues a broker note on Royal Mail Plc

Deutsche Bank today reaffirms its sell investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 93p (from 100p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
27-Mar-2020 01:24 PM

Royal Mail won't pay final dividend; unlikely to hit 2024 turnaround targets

Royal Mail reiterated its earnings guidance for the year through March 2020 but said it wouldn't pay a final dividend, as it braces for the Covid-19 crisis to hit hard this coming financial year. Adjusted operating profit for the 12 months to 31 Mar
28-Feb-2020 08:20 AM

Broker Forecast - Deutsche Bank issues a broker note on Royal Mail Plc

Deutsche Bank today reaffirms its sell investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 100p (from 150p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
21-Feb-2020 11:40 AM

Broker Forecast - Goldman Sachs issues a broker note on Royal Mail Plc

Goldman Sachs today reaffirms its buy investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 280p (from 320p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
19-Feb-2020 01:10 PM

Broker Forecast - Liberum Capital issues a broker note on Royal Mail Plc

Liberum Capital today reaffirms its sell investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 120p (from 175p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
11-Feb-2020 11:50 AM

Broker Forecast - Societe Generale issues a broker note on Royal Mail Plc

Societe Generale today downgrades its investment rating on Royal Mail Plc (LON:RMG) to sell (from hold) and cut its price target to 148p (from 200p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
10-Feb-2020 09:30 AM

Broker Forecast - Berenberg issues a broker note on Royal Mail Plc

Berenberg today reaffirms its sell investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 145p (from 150p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
10-Feb-2020 08:00 AM

Broker Forecast - Credit Suisse issues a broker note on Royal Mail Plc

Credit Suisse today reaffirms its underperform investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 138p (from 152p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
 
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