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Royal Mail PLC 3% Potential Decrease Indicated by RBC Capital Markets

Royal Mail PLC with EPIC/TICKER (LON:RMG) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at RBC Capital Markets. Royal Mail PLC are listed in the Industrials sector within UK Main Market. RBC Capital Markets have set a target price of 315 GBX on its stock. This would imply the analyst believes there is a potential downside of -3.0% from today’s 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 1 year high share price is 632.6 GBX while the 52 week low is 321.8 GBX.

Royal Mail PLC has a 50 day moving average of 462.46 GBX and a 200 day moving average of 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.