Royal Mail PLC using EPIC/TICKER code (LON:RMG) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. Royal Mail PLC are listed in the Industrials sector within UK Main Market. HSBC have set their target price at 300 GBX on its stock. This indicates the analyst now believes there is a potential upside of 6.8% from the opening price of 281 GBX. Over the last 30 and 90 trading days the company share price has decreased 6.7 points and decreased 70.9 points respectively. The 52 week high for the share price is currently at 632.6 GBX while the 52 week low for the share price is 246.6 GBX.
Royal Mail PLC has a 50 day moving average of 298.89 GBX and a 200 Day Moving Average share price is recorded at 423.91. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 7,714,856. Market capitalisation for LON:RMG is £2,793,999,938 GBP.
