Royal Bank of Canada Lowers Royal Mail (RMG) to Sector Performer
Royal Mail (LON:RMG) was downgraded by Royal Bank of Canada to a “sector performer” rating in a research report issued on Friday, April 13th. Royal Bank of Canada’s target price indicates a potential downside of 16.50% from the company’s current price. Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Mail and related companies with MarketBeat.com's FREE daily email newsletter. Morgan Stanley boosted their price target on Royal Mail from GBX 390 ($5.44) to GBX 410 ($5.72) and gave the stock an “underweight” rating in a research note on Friday, January 19th. Societe Generale assumed coverage on Royal Mail in a research note on Friday, February 2nd.