Broker Forecast - HSBC issues a broker note on Royal Mail Plc

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

HSBC today downgrades its investment rating on Royal Mail Plc (LON:RMG) to hold (from buy) and cut its price target to 216p (from 300p).

Broker Forecasts data provided by www.sharesmagazine.co.uk