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Royal Mail PLC 6.6% Potential Upside Indicated by Bernstein

Royal Mail PLC using EPIC/TICKER code (LON:RMG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘MARKET PERFORM’ today by analysts at Bernstein. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Bernstein have set their target price at 590 GBX on its stock. This now indicates the analyst believes there is a possible upside of 6.6% from today’s opening price of 553.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 12.2 points and decreased 5.2 points respectively. The 1 year high share price is 632.6 GBX while the year low stock price is currently 367.8 GBX.

Royal Mail PLC has a 50 day moving average of 569.29 GBX and the 200 Day Moving Average price is recorded at 471.55. There are currently 981,294,964 shares in issue with the average daily volume traded being 5,491,171. Market capitalisation for LON:RMG is £5,444,224,340 GBP.