Royal Mail Share Discussion Threads

[isis] 26/4/2022 23:27

who is Mr. Market? They're just Broker ratings - Not sure many take notice of them.

[buywell3] 26/4/2022 23:25

So those ratings are wrong are they not

Because Mr Market says otherwise

Where is the chart support ?



free stock charts from uk.advfn.com

[isis] 26/4/2022 21:42

Royal Mail (LON:RMG – Get Rating)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a research note issued on Monday, Marketbeat.com reports. They presently have a GBX 650 ($8.28) target price on the stock. Berenberg Bank’s price target would indicate a potential upside of 88.41% from the stock’s previous close.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. reaffirmed an “overweight221; rating and set a GBX 702 ($8.95) target price on shares of Royal Mail in a research note on Thursday, April 21st. Barclays reaffirmed an “overweight221; rating and set a GBX 400 ($5.10) price target on shares of Royal Mail in a research report on Wednesday, April 20th. Liberum Capital downgraded shares of Royal Mail to a “sell” rating and dropped their price target for the stock from GBX 470 ($5.99) to GBX 355 ($4.52) in a research note on Wednesday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft cut shares of Royal Mail to a “sell” rating and reduced their price target for the company from GBX 680 ($8.67) to GBX 275 ($3.50) in a research report on Tuesday, March 29th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of GBX 620.82 ($7.91).

[pander45] 26/4/2022 18:27

More a mug than a cup I'd say.

[unastubbs] 26/4/2022 16:43

yeah...right ;)

[sirmark] 26/4/2022 08:42

There's the cup formation on the chart and ready for the handle to £4.50

[careful] 21/4/2022 14:05

as Gekko said, look out for the turning points.
Algo trading will be joining you.
That is way the programmes seem to work.

[tuftymatt] 21/4/2022 12:55

Let's hope so careful, it has done nothing for my average but I topped up with a few more today. Must get in the habit of buying not only on the dips but also on the turn too.

[careful] 21/4/2022 12:26

Good to see this bounce off the ridiculous lows.
Should have a decent rise from now on.

[tuftymatt] 21/4/2022 11:48

Wow what a morning 😀

[sirmark] 21/4/2022 11:35

Excellent :)

And her we go back to £5 in short succession imo.

[cravencottage] 21/4/2022 11:19

pop goes the weasel......

Shorters closing fast!!

Seemingly JP MORGAN have a broker note out today with a £7.02 target..

:-))

[cwa1] 21/4/2022 11:16

Nice to see a blip on the ECG that suggests there may still be life here :-)

[sirmark] 20/4/2022 20:23

Defo I see the recent insti purchases as very significant and a big worry for the short positions out there.

[cravencottage] 20/4/2022 17:21

More institutional purchases..

Have we turned the corner?

[tuftymatt] 19/4/2022 21:11

Well that was a positive day and hopefully a sign of things to come.

[panache1] 19/4/2022 19:40

Doubt it. Wish they would but that's wishful thinking. Hope I'm wrong

[cravencottage] 19/4/2022 15:26

Are the shorts beginning to close?

[sr2day] 19/4/2022 14:26

Possible bounce to 370p.

[tuftymatt] 19/4/2022 11:23

I hope so Brut but it does have a habit in doing well at certain points during the day only to end up negative or flat. Let's hope this time around it stays nice and positive 🤞🏻

[brut winky] 19/4/2022 11:20

Looks like a bounce is lining up.

[tuftymatt] 13/4/2022 01:14

CWA1, that's a good find and thanks.
Maybe RMG ends up sponsoring WHU at some point!!

[sirmark] 12/4/2022 17:02

I'm bothered :)

I'm looking forward to the rerate that IMO is just a matter of days/ or max a few weeks and well start to tackle £3.50 / £3.70 / £4.00

All in good time but the bottom looks done !