zAngus

Hooray for the Royal Mail - Up 300% and still room to grow

Long
LSE:RMG   ROYAL MAIL PLC ORD 1P
Another international stock on the London Exchange, Royal Mail has been taking great advantage of the boom in ecommerce deliveries over the Covid lock down. Up some 300% over the last 12 months, they are still down from some of their historical highs.

Describing themselves as an international business, focused on developing a modern, optimised and efficient network to deliver letters, parcels and new products they operate across 40 countries and nation states worldwide, 36 in Europe and, following recent acquisitions, eight states in the Western US and Canada. With some 160,000 employees their "about us" is well worth a quick skim read to appreciate how big they really are: https://www.royalmailgroup.com/en/about-...

Looking at their Monthly Chart going back to 2014 you can see the share price was up around $620 so roughly another $100 (or around 20%) from where they are now if they continue their current run.


Could be worth a look.

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