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Royal Mail PLC 15.4% Potential Upside Indicated by Barclays Capital

Royal Mail PLC with EPIC/TICKER (LON:RMG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Barclays Capital have set a target price of 250 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 15.4% from today’s opening price of 216.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 44.7 points and decreased 61.4 points respectively. The 52 week high for the stock is 560.2 GBX while the 52 week low is 206 GBX.

Royal Mail PLC has a 50 day moving average of 253.29 GBX and a 200 day moving average of 326.32. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 6,130,331. Market capitalisation for LON:RMG is £2,228,000,030 GBP.