Royal Mail PLC 7.8% Potential Decrease Indicated by Bernstein

Broker Ratings

Royal Mail PLC with EPIC/TICKER (LON:RMG) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘MARKET PERFORM’ this morning by analysts at Bernstein. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Bernstein have set their target price at 165 GBX on its stock. This is indicating the analyst believes there is a potential downside of -7.8% from the opening price of 178.9 GBX. Over the last 30 and 90 trading days the company share price has increased 36.2 points and decreased 4.9 points respectively. The 1 year high stock price is 258.6 GBX while the 52 week low is 118.86 GBX.

Royal Mail PLC has a 50 day moving average of 156.44 GBX and a 200 day moving average of 199.27. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 6,931,538. Market capitalisation for LON:RMG is £1,751,999,969 GBP.

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