Royal Mail: is it as ludicrously cheap as JPMorgan seems to think?
BT has never really managed to change the market's perception of it as a lumbering former state-owned lumbering dinosaur; can Royal Mail succeed where BT failed?
Once upon a time, the Post Office was also in charge of the UK telephone network
Royal Mail Group PLC (LON:RMG) has been out of favour as a stock for ages so JPMorgan’s “just buy it” recommendation this week was an eye-opener.
From the day of its controversial flotation in October 2013, masterminded – if that’s the word – by Vince Cable, Royal Mail has carried a metaphorical “beware of the dog” sticker.