Home » Reports » Royal Mail PLC 31.5% Potential Decrease Indicated by Liberum Capital

Royal Mail PLC 31.5% Potential Decrease Indicated by Liberum Capital

Royal Mail PLC using EPIC/TICKER code (LON:RMG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ this morning by analysts at Liberum Capital. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Liberum Capital have set their target price at 115 GBX on its stock. This would imply the analyst believes there is a potential downside of -31.5% from today’s opening price of 168 GBX. Over the last 30 and 90 trading days the company share price has decreased 7.15 points and increased 21.4 points respectively. The 1 year high stock price is 258.6 GBX while the 52 week low for the share price is 118.86 GBX.

Royal Mail PLC has a 50 day moving average of 178.75 GBX and a 200 Day Moving Average share price is recorded at 192.24. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 7,767,724. Market capitalisation for LON:RMG is £1,697,140,960 GBP.

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