Royal Mail PLC 45.2% Potential Decrease Indicated by Credit Suisse

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 ‘UNDERPERFORM’ this morning by analysts at Credit Suisse. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Credit Suisse have set a target price of 94 GBX on its stock. This would indicate that the analyst believes there is a downside of -45.2% from the opening price of 171.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 5.7 points and increased 46.65 points respectively. The 52 week high share price is 258.6 GBX while the 52 week low for the stock is 118.86 GBX.

Royal Mail PLC has a 50 day moving average of 175.05 GBX and the 200 Day Moving Average price is recorded at 193.92. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 7,701,349. Market capitalisation for LON:RMG is £1,825,000,000 GBP.

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