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Royal Mail PLC 16.9% 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’ this morning by analysts at Barclays Capital. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Barclays Capital have set their target price at 410 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 16.9% from today’s opening price of 350.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 118.5 points and decreased 130.1 points respectively. The 52 week high share price is 632.6 GBX while the 52 week low for the share price is 321.8 GBX.

Royal Mail PLC has a 50 day moving average of 459.94 GBX and a 200 day moving average of 510.43. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 6,236,384. Market capitalisation for LON:RMG is £3,521,920,740 GBP.