Royal Mail PLC using EPIC/TICKER code (LON:RMG) has had its stock rating noted as ‘Reiterates’ 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 their target price at 241 GBX on its stock. This would imply the analyst believes there is a potential downside of -7.2% from today’s opening price of 259.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 12.5 points and decreased 95.7 points respectively. The 1 year high for the stock price is 632.6 GBX while the 52 week low for the stock is 246.6 GBX.
Royal Mail PLC has a 50 day moving average of 302.43 GBX and a 200 Day Moving Average share price is recorded at 428.74. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 7,978,173. Market capitalisation for LON:RMG is £2,578,999,938 GBP.
