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RM Share Price Jumps After Goldman Sachs Recommendation

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TrueBlueTerrier
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RM Share Price Jumps After Goldman Sachs Recommendation

Post by TrueBlueTerrier »

Royal Mail Share Price Jumps After Goldman Sachs Recommendation

http://www.onlinecasinoarchives.com/bus ... mendation/" onclick="window.open(this.href);return false;

Royal Mail shares (RMG) enjoyed a strong week last week. The shares opened the week at 440.60p and initially remained fairly static. However, on Thursday and Friday the price climbed as high as 465.90p before falling slightly to close the week at 462.90p, up 2.52% for the week and 13.67% for the month.

The jump came as Goldman Sachs issued a ‘Buy’ recommendation with a 575p price target. The bank said it believed that the Royal Mail offers “significant earnings growth potential” and expects earnings to grow over the coming years.

Nonetheless, investors are clearly not full of confidence. On Friday 62.22% of Royal Mail shares traded were sold while just 37.78% were bought. However, this may change over the coming week, especially if other brokers follow the example of Goldman Sachs and reassess the shares.
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rubberbond
Posts: 1497
Joined: 24 Aug 2014, 16:03
Gender: Male

Re: RM Share Price Jumps After Goldman Sachs Recommendation

Post by rubberbond »

TrueBlueTerrier wrote:Royal Mail Share Price Jumps After Goldman Sachs Recommendation

http://www.onlinecasinoarchives.com/bus ... mendation/" onclick="window.open(this.href);return false;

Royal Mail shares (RMG) enjoyed a strong week last week. The shares opened the week at 440.60p and initially remained fairly static. However, on Thursday and Friday the price climbed as high as 465.90p before falling slightly to close the week at 462.90p, up 2.52% for the week and 13.67% for the month.

The jump came as Goldman Sachs issued a ‘Buy’ recommendation with a 575p price target. The bank said it believed that the Royal Mail offers “significant earnings growth potential” and expects earnings to grow over the coming years.

Nonetheless, investors are clearly not full of confidence. On Friday 62.22% of Royal Mail shares traded were sold while just 37.78% were bought. However, this may change over the coming week, especially if other brokers follow the example of Goldman Sachs and reassess the shares.
At the expense of the staff.
baldrick
EX ROYAL MAIL
Posts: 5038
Joined: 13 Sep 2007, 23:37
Gender: Male

Re: RM Share Price Jumps After Goldman Sachs Recommendation

Post by baldrick »

rubberbond wrote:At the expense of the staff.
And the public who used to own Royal Mail.
pants123

Re: RM Share Price Jumps After Goldman Sachs Recommendation

Post by pants123 »

rubberbond wrote:
TrueBlueTerrier wrote:Royal Mail Share Price Jumps After Goldman Sachs Recommendation

http://www.onlinecasinoarchives.com/bus ... mendation/" onclick="window.open(this.href);return false;

Royal Mail shares (RMG) enjoyed a strong week last week. The shares opened the week at 440.60p and initially remained fairly static. However, on Thursday and Friday the price climbed as high as 465.90p before falling slightly to close the week at 462.90p, up 2.52% for the week and 13.67% for the month.

The jump came as Goldman Sachs issued a ‘Buy’ recommendation with a 575p price target. The bank said it believed that the Royal Mail offers “significant earnings growth potential” and expects earnings to grow over the coming years.

Nonetheless, investors are clearly not full of confidence. On Friday 62.22% of Royal Mail shares traded were sold while just 37.78% were bought. However, this may change over the coming week, especially if other brokers follow the example of Goldman Sachs and reassess the shares.
At the expense of the staff.

its called CAPITALISM,, flog your work force to death, abuse them, so the big institutions, hedge funds etc.. make more greed for the love of money.....
borders
Posts: 1303
Joined: 11 Sep 2007, 09:10

Re: RM Share Price Jumps After Goldman Sachs Recommendation

Post by borders »

Capitalism is a great idea , seems to work well for these people ,

" The number of dollar billionaires in the world has more than doubled to 1,645 since the financial crisis of 2008, according to a new report which warned that inequality between rich and poor is spiralling out of control.

Despite the austerity affecting ordinary people around the globe in the wake of the recession, the richest 85 billionaires saw their fortunes increase by a total of around £150 billion over the past year - the equivalent of £415 million a day or almost a third of a million pounds a minute, the report by development charity Oxfam found.

Research earlier this year found that these 85 people had access to wealth equal to that of half the world's population.

If the world's billionaires were taxed at a rate of just 1.5% on their wealth over 1 billion US dollars, it would raise £46 billion a year - enough to get every child into school and deliver health services in all of the world's poorest countries - said the report, entitled Even it Up: Time To End Extreme Inequality " .
"why should it just be the bankers, politicians and the idle rich who get all the best things ? we demand a standard of living for our members that enables them to share in the fine wines and times that the likes of Cameron and his Eton buddies take for granted " - the late great Bob Crow RIP.
wacko74
EX ROYAL MAIL
Posts: 1572
Joined: 04 Apr 2009, 20:35
Gender: Male

Re: RM Share Price Jumps After Goldman Sachs Recommendation

Post by wacko74 »

So RM shares have made a steady recovery the last couple of weeks.. up to around 470p, so what do our glorious leaders do? Announce another profits warning to send them crashing down 8% once again.

Very, very strange behaviour... I'm not clever enough to work out just what they're playing at but they've clearly got a hidden agenda.