Royal Mail PLC 2.9% Potential Decrease Indicated by Liberum Capital

Royal Mail PLC with EPIC/TICKER LON:RMG has had its stock rating noted as ‘Upgrade’ with the recommendation being set at ‘HOLD’ today by analysts at Liberum Capital. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Liberum Capital have set their target price at 320 GBX on its stock. This is indicating the analyst believes there is a potential downside of 2.9% from today’s opening price of 329.7 GBX. Over the last 30 and 90 trading days the company share price has increased 68 points and increased 151.7 points respectively.
Royal Mail PLC LON:RMG has a 50 day moving average of 268.91 GBX and the 200 Day Moving Average price is recorded at 202.47The 52 week high for the share price is currently at 342 GBX while the year low share price is currently 118.86 GBX. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 5,122,582. Market capitalisation for LON:RMG is £3,277,000,122 GBP.