Royal Mail PLC 5.4% Potential Upside Indicated by Bernstein

Broker Ratings
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Royal Mail PLC using EPIC/TICKER code (LON:RMG) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘MARKET PERFORM’ today by analysts at Bernstein. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Bernstein have set their target price at 225 GBX on its stock. This would imply the analyst believes there is now a potential upside of 5.4% from today’s opening price of 213.5 GBX. Over the last 30 and 90 trading days the company share price has increased 2.6 points and increased 8.6 points respectively. The 1 year high stock price is 330.1 GBX while the 52 week low is 186.8 GBX.

Royal Mail PLC has a 50 day moving average of 218.95 GBX and the 200 Day Moving Average price is recorded at 229.03. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 5,174,995. Market capitalisation for LON:RMG is £2,134,409,942 GBP.

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