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Royal Mail PLC 4.9% Potential Upside Indicated by Societe Generale

Royal Mail PLC with EPIC/TICKER (LON:RMG) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘HOLD’ today by analysts at Societe Generale. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Societe Generale have set a target price of 208 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 4.9% from the opening price of 198.3 GBX. Over the last 30 and 90 trading days the company share price has decreased 40.6 points and decreased 71.7 points respectively. The 1 year high share price is 515.8 GBX while the year low stock price is currently 192 GBX.

Royal Mail PLC has a 50 day moving average of 237.60 GBX and a 200 day moving average of 304.72. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 12,539,703. Market capitalisation for LON:RMG is £1,996,499,938 GBP.