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Royal Mail PLC 1.2% Potential Upside Indicated by RBC Capital Markets

Royal Mail PLC using EPIC/TICKER code (LON:RMG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SECTOR PERFORMER’ today by analysts at RBC Capital Markets. Royal Mail PLC are listed in the Industrials sector within UK Main Market. RBC Capital Markets have set a target price of 200 GBX on its stock. This indicates the analyst now believes there is a potential upside of 1.2% from the opening price of 197.55 GBX. Over the last 30 and 90 trading days the company share price has decreased 24.75 points and decreased 14.15 points respectively. The 1 year high share price is 371.38 GBX while the 52 week low is 186.8 GBX.

Royal Mail PLC has a 50 day moving average of 215.34 GBX and the 200 Day Moving Average price is recorded at 241.70. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 4,580,656. Market capitalisation for LON:RMG is £1,976,000,061 GBP.