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Royal Mail PLC 27.8% Potential Upside Indicated by JP Morgan Cazenove

04 Jun 2019, 12:17

https://www.directorstalkinterviews.com ... /412784056

Royal Mail PLC using EPIC/TICKER code (LON:RMG) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Royal Mail PLC are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 252 GBX on its stock. This is indicating the analyst believes there is a potential upside of 27.8% from the opening price of 197.25 GBX. Over the last 30 and 90 trading days the company share price has decreased 44.85 points and decreased 69.45 points respectively. The 1 year high share price is 515.8 GBX while the year low share price is currently 192 GBX.

Royal Mail PLC has a 50 day moving average of 245.21 GBX and a 200 Day Moving Average share price is recorded at 315.82. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 11,298,599. Market capitalisation for LON:RMG is £2,015,000,000 GBP.

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