If regulators approve the deal, the British institution will fall into the hands of Daniel Kretinsky, who made a fortune by investing in fossil fuels when energy companies began unloading dirty assets
The Royal Mail share price is soaring in 2021 Should I buy now? fool.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.co.uk Daily Mail and Mail on Sunday newspapers.
Royal Mail shares: should I buy for 2021?
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Royal Mail (LSE: RMG) shares have been among the winning stocks from the coronavirus pandemic. But with several vaccines now approved by UK regulators is its stock price rally over?
Here are four things I believe investors should know about Royal Mail shares.
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#1 – Parcels galore
One of the reasons why Royal Mail shares have performed well is due to the rise in online shopping during the pandemic. Coronavirus lockdowns have resulted in an increase in parcel deliveries and I expect this trend to continue well into 2021.
The Royal Mail share price is flying! Here’s what I’m doing now
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During the Covid-19 global pandemic,
Royal Mail(LSE:RMG) has been a big winner. The rise in online shopping and parcel deliveries has benefitted the postal services provider. In turn, the Royal Mail share price is considerably higher than pre-market crash levels. With that in mind, do I invest my hard earned cash or not?
Royal Mail share price since the crash
Since the economic downturn, the RMG share price has experienced quite the roller-coaster ride. As with most other stocks across the markets, its price dipped in March, April and May. The lifting of restrictions in June saw its price begin a recovery of sorts. At its lowest point I could pick up shares for just 126p. Shares were trading for 182p per share in February. As I write this the Royal Mail share price is close to 340p. The news of a Covid-19 vaccine has boosted many stocks and investor sentiment is up too in my opinion.