Home » Reports » Broker Ratings » Royal Mail PLC 16.7% Potential Upside Indicated by HSBC
broker ratings

Royal Mail PLC 16.7% Potential Upside Indicated by HSBC

Royal Mail PLC with EPIC/TICKER (LON:RMG) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ this morning by analysts at HSBC. Royal Mail PLC are listed in the Industrials sector within UK Main Market. HSBC have set a target price of 379 GBX on its stock. This now indicates the analyst believes there is a possible upside of 16.7% from the opening price of 324.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 144.5 points and decreased 160.6 points respectively. The 52 week high for the stock is 632.6 GBX while the 52 week low for the stock is 321.8 GBX.

Royal Mail PLC has a 50 day moving average of 462.46 GBX and a 200 Day Moving Average share price is recorded at 510.95. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 6,008,252. Market capitalisation for LON:RMG is £3,546,771,862 GBP.