Royal Mail PLC 42.5% Potential Decrease Indicated by Berenberg

Broker Ratings

Royal Mail PLC using EPIC/TICKER code (LON:RMG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Berenberg. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Berenberg have set a target price of 100 GBX on its stock. This indicates the analyst believes there is a potential downside of -42.5% from the opening price of 174 GBX. Over the last 30 and 90 trading days the company share price has increased 31.3 points and decreased 4.95 points respectively. The 1 year high for the share price is 258.6 GBX while the year low stock price is currently 118.86 GBX.

Royal Mail PLC has a 50 day moving average of 156.89 GBX and the 200 Day Moving Average price is recorded at 199.11. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 7,080,169. Market capitalisation for LON:RMG is £1,745,500,030 GBP.

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