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Royal Mail PLC 20.6% Potential Upside Indicated by Goldman Sachs

Royal Mail PLC with EPIC/TICKER (LON:RMG) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Goldman Sachs. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Goldman Sachs have set a target price of 360 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 20.6% from today’s opening price of 298.4 GBX. Over the last 30 and 90 trading days the company share price has increased 19.3 points and decreased 53.3 points respectively. The 1 year high share price is 632.6 GBX while the year low stock price is currently 266.2 GBX.

Royal Mail PLC has a 50 day moving average of 308.22 GBX and the 200 Day Moving Average price is recorded at 438.34. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 8,640,040. Market capitalisation for LON:RMG is £2,963,999,938 GBP.