Home » Reports » Broker Ratings » Royal Mail PLC 10.9% Potential Decrease Indicated by Credit Suisse

Royal Mail PLC 10.9% Potential Decrease Indicated by Credit Suisse

Royal Mail PLC using EPIC/TICKER code (LON:RMG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Credit Suisse. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Credit Suisse have set a target price of 183 GBX on its stock. This would indicate that the analyst believes there is a downside of -10.9% from the opening price of 205.3 GBX. Over the last 30 and 90 trading days the company share price has decreased 48.5 points and decreased 70.3 points respectively. The 52 week high share price is 529 GBX while the year low stock price is currently 192 GBX.

Royal Mail PLC has a 50 day moving average of 249.17 GBX and a 200 Day Moving Average share price is recorded at 320.45. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 10,603,402. Market capitalisation for LON:RMG is £2,071,000,061 GBP.