Royal Mail PLC 42% Potential Upside Indicated by Goldman Sachs

Broker Ratings
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Royal Mail PLC with EPIC/TICKER (LON:RMG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Goldman Sachs. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Goldman Sachs have set a target price of 310 GBX on its stock. This indicates the analyst now believes there is a potential upside of 42.0% from the opening price of 218.3 GBX. Over the last 30 and 90 trading days the company share price has increased 6.6 points and increased 9.1 points respectively. The 1 year high for the share price is 370 GBX while the year low stock price is currently 186.8 GBX.

Royal Mail PLC has a 50 day moving average of 216.71 GBX and a 200 day moving average of 236.95. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 4,739,036. Market capitalisation for LON:RMG is £2,188,999,938 GBP.

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