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Royal Mail PLC 11.8% Potential Upside Indicated by Cantor Fitzgerald

Royal Mail PLC using EPIC/TICKER code (LON:RMG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Cantor Fitzgerald. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Cantor Fitzgerald have set their target price at 500 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 11.8% from the opening price of 447.4 GBX. Over the last 30 and 90 trading days the company share price has increased 34.32 points and increased 37 points respectively. The 52 week high share price is 549 GBX while the 52 week low for the share price is 397.4 GBX.

Royal Mail PLC has a 50 day moving average of 418.56 GBX and the 200 Day Moving Average price is recorded at 458.43. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 3,027,524. Market capitalisation for LON:RMG is £4,392,999,878 GBP.

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