Royal Mail PLC 54.6% Potential Upside Indicated by Goldman Sachs

Broker Ratings

Royal Mail PLC using EPIC/TICKER code (LON:RMG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Goldman Sachs have set their target price at 280 GBX on its stock. This indicates the analyst now believes there is a potential upside of 54.6% from the opening price of 181.15 GBX. Over the last 30 and 90 trading days the company share price has decreased 27.45 points and decreased 19.25 points respectively. The 1 year high for the stock price is 295.5 GBX while the year low stock price is currently 168.05 GBX.

Royal Mail PLC has a 50 day moving average of 213.67 GBX and the 200 Day Moving Average price is recorded at 216.13. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 5,043,078. Market capitalisation for LON:RMG is £1,794,783,020 GBP.

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