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Royal Mail PLC 20.4% Potential Decrease Indicated by Jefferies International

Royal Mail PLC with EPIC/TICKER (LON:RMG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Jefferies International. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Jefferies International have set a target price of 400 GBX on its stock. This is indicating the analyst believes there is a potential downside of -20.4% from the opening price of 502.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 53.8 points and decreased 23.4 points respectively. The 52 week high for the share price is currently at 632.6 GBX while the year low share price is currently 367.8 GBX.

Royal Mail PLC has a 50 day moving average of 557.45 GBX and a 200 day moving average of 481.45. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 7,140,329. Market capitalisation for LON:RMG is £5,070,000,000 GBP.