19-Nov-2020 09:33 AM
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 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
Goldman Sachs today reaffirms its buy investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 230p (from 240p).
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21-Jul-2020 08:51 AM
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
Liberum Capital today reaffirms its sell investment rating on Royal Mail Plc (LON:RMG) and raised its price target to 115p (from 105p).
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02-Jul-2020 10:10 AM
JP Morgan Cazenove today reaffirms its underweight investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 145p (from 148p).
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30-Jun-2020 11:10 AM
Credit Suisse today reaffirms its underperform investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 94p (from 95p).
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26-Jun-2020 10:50 AM
Barclays Capital today reaffirms its overweight investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 200p (from 250p).
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25-Jun-2020 07:40 AM
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
Liberum Capital today reaffirms its sell investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 105p (from 120p).
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19-May-2020 12:00 PM
Berenberg today reaffirms its sell investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 100p (from 115p).
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18-May-2020 12:40 PM
Credit Suisse today reaffirms its underperform investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 95p (from 107p).
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18-May-2020 12:10 PM
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).
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15-May-2020 08:50 AM
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
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).
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28-Apr-2020 03:40 PM
Citigroup today upgrades its investment rating on Royal Mail Plc (LON:RMG) to buy (from sell).
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22-Apr-2020 01:00 PM
Credit Suisse today reaffirms its underperform investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 107p (from 138p).
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31-Mar-2020 08:20 AM
Deutsche Bank today reaffirms its sell investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 93p (from 100p).
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27-Mar-2020 01:24 PM
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
Deutsche Bank today reaffirms its sell investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 100p (from 150p).
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21-Feb-2020 11:40 AM
Goldman Sachs today reaffirms its buy investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 280p (from 320p).
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19-Feb-2020 01:10 PM
Liberum Capital today reaffirms its sell investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 120p (from 175p).
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11-Feb-2020 11:50 AM
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).
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10-Feb-2020 09:30 AM
Berenberg today reaffirms its sell investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 145p (from 150p).
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Broker Forecasts data provided by www.sharesmagazine.co.uk...
10-Feb-2020 08:00 AM
Credit Suisse today reaffirms its underperform investment rating on Royal Mail Plc (LON:RMG) and cut its price target to 138p (from 152p).
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Broker Forecasts data provided by www.sharesmagazine.co.uk...