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Royal Mail PLC 7.1% Potential Decrease Indicated by Societe Generale

Royal Mail PLC using EPIC/TICKER code (LON:RMG) has had its stock rating noted as ‘Reiterates’ 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 200 GBX on its stock. This would indicate that the analyst believes there is a downside of -7.1% from today’s opening price of 215.3 GBX. Over the last 30 and 90 trading days the company share price has decreased 2.7 points and decreased 2 points respectively. The 52 week high share price is 319 GBX while the year low stock price is currently 186.8 GBX.

Royal Mail PLC has a 50 day moving average of 218.52 GBX and a 200 day moving average of 227.95. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 5,208,912. Market capitalisation for LON:RMG is £2,171,000,061 GBP.