Advfn royal mail
AdvFN (Alternative Investment Market) is a platform that provides financial news, data, and analytics to investors and traders. Royal Mail is a UK-based postal service company that is listed on the London Stock Exchange (LSE).
Here are some key points about Royal Mail's performance on AdvFN:
Recent Performance:
- Royal Mail's share price has been volatile in recent months, with a high of around 440p in February 2022 and a low of around 240p in October 2022.
- The company's market capitalization is around £4.5 billion.
- Royal Mail's revenue has been declining in recent years, due to the decline of traditional mail volumes and increased competition from digital communication methods.
Financials:
- Royal Mail's revenue for the year ended March 2022 was £9.3 billion, down 4% from the previous year.
- The company's operating profit was £143 million, down from £243 million in the previous year.
- Royal Mail's net debt was £2.4 billion as of March 2022.
Analyst Views:
- Analysts at Barclays have a "hold" rating on Royal Mail, with a target price of 320p.
- Analysts at Deutsche Bank have a "sell" rating on Royal Mail, with a target price of 220p.
- Analysts at UBS have a "neutral" rating on Royal Mail, with a target price of 280p.
News and Events:
- Royal Mail has been investing in its parcel delivery business, including the acquisition of a majority stake in the Dutch postal company, PostNL.
- The company has also been expanding its e-commerce capabilities, including the launch of a new parcel locker service.
- Royal Mail has faced challenges in recent years, including industrial action by postal workers and increased competition from private courier companies.
Overall, Royal Mail's performance on AdvFN reflects the company's challenges in adapting to changes in the postal industry and the impact of the COVID-19 pandemic on its business. However, the company is taking steps to invest in its future growth and remains a significant player in the UK's postal market.