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Liberum Capital announced Royal Mail Plc (LON:RMG), keeping its stock price target at 370.00GBX today

Just yesterday Royal Mail Plc (LON:RMG) traded -4.80% lower at 426.75GBX. Royal Mail Plc’s 50-day moving average is 382.84GBX and its 200-day moving average is 406.36GBX. The last closing price is up -8.70% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has held steady over the same time period. 2,465,342 shares of RMG traded hands, down from an average trading volume of 4,126,410

In a report released on 12/7/2017 Liberum Capital hold steady the stock price target of Royal Mail Plc (LON:RMG) from 370.00GBX to 370.00GBX reporting a possible downside of -0.13%.

Previously on 12/06/2017, Jefferies International reported on Royal Mail Plc (LON:RMG) held steady the target price at 300.00GBX. At the time, this indicated a possible downside of -0.31%.

Recent Performance Chart

Royal Mail Plc (LON:RMG)

Royal Mail Plc has 52 week low of 368.30GBX and a 52 week high of 501.00GBX with a PE ratio of 13.59 and has a market capitalization of 0 GBX.

In addition to Liberum Capital reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is 503.42GBX with 2 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 6 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 2 brokers rating the stock a sell.

Brief Synopsis On Royal Mail Plc (LON:RMG)

Royal Mail plc provides postal services. The Company's segments include UK Parcels, International & Letters (UKPIL), General Logistics Systems (GLS) and Other. UKPIL operates in the United Kingdom collecting and delivering parcels and letters through approximately two main networks, the Royal Mail Core Network and Parcelforce Worldwide. UKPIL provides letter and parcel services to and from countries around the world under reciprocal arrangements with other overseas postal administrations. It is also responsible for the design and production of the United Kingdom's stamps and philatelic products. Parcelforce Worldwide is an express parcels business. The Company operates across a network of approximately 50 depots throughout the United Kingdom. GLS operates in continental Europe and the Republic of Ireland and has a ground-based deferred parcel delivery network in Europe. GLS provides parcel and express services, as well as logistics solutions.

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