Home » Reports » Broker Ratings » Royal Mail PLC 34.8% Potential Upside Indicated by JP Morgan Cazenove
broker ratings

Royal Mail PLC 34.8% Potential Upside Indicated by JP Morgan Cazenove

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 JP Morgan Cazenove. Royal Mail PLC are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 535 GBX on its stock. This is indicating the analyst believes there is a potential upside of 34.8% from the opening price of 396.9 GBX. Over the last 30 and 90 trading days the company share price has increased 2.8 points and increased 4.7 points respectively. The 1 year high for the stock price is 495 GBX while the 52 week low for the share price is 367.8 GBX.

Royal Mail PLC has a 50 day moving average of 385.01 GBX and the 200 Day Moving Average price is recorded at 408.75. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 5,027,450. Market capitalisation for LON:RMG is £3,960,199,890 GBP.

You might also find these articles of interest:

Register here to be notified of future articles like this
Get all our broker ratings on Twitter as they are published!