Royal Mail PLC 21.8% Potential Decrease Indicated by Berenberg

Royal Mail PLC with EPIC/TICKER (LON:RMG) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘SELL’ this morning by analysts at Berenberg. Royal Mail PLC are listed in the Industrials sector within UK Main Market. Berenberg have set a target price of 150 GBX on its stock. This would indicate that the analyst believes there is a downside of -21.8% from today’s opening price of 191.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 30.2 points and decreased 28.2 points respectively. The 1 year high for the share price is 295.5 GBX while the 52 week low for the stock is 186.8 GBX.

Royal Mail PLC has a 50 day moving average of 224.16 GBX and a 200 Day Moving Average share price is recorded at 220.23. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 3,268,156. Market capitalisation for LON:RMG is £1,941,280,059 GBP.

You can read the full RMG archive by clicking the EPIC code.