Royal Mail PLC with EPIC/TICKER (LON:RMG) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Royal Mail PLC are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 192 GBX on its stock. This indicates the analyst believes there is a potential downside of -11.7% from today’s opening price of 217.4 GBX. Over the last 30 and 90 trading days the company share price has increased 5.7 points and increased 8.6 points respectively. The 52 week high for the share price is currently at 370 GBX while the 52 week low for the stock is 186.8 GBX.
Royal Mail PLC has a 50 day moving average of 217.06 GBX and a 200 Day Moving Average share price is recorded at 236.62. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 4,697,500. Market capitalisation for LON:RMG is £2,138,000,030 GBP.
