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Home / Stocks and Markets at Lows / Royal Dutch Shell (RDSB.L) 22-01-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Royal Dutch Shell (RDSB.L) 22-01-20

Royal Dutch Shell (RDSB.L) shares have fallen significantly from the most recent highs of 2618p. Will it continue, or is this an opportunity to pick some up?

 

  • A return to previous highs would represent a rise of 18%. Now at 2218.5p (at time of writing).
  • This is one of the biggest fallers of late.
  • Traders should consider whether it is down for good reason, or is this another over-reaction?
  • Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Shares -15% from 12-month highs; +4% from 12 month lows.

Latest News

14 Jan:  Berenberg has upgraded its rating on Royal Dutch Shell (RDSB) to buy (from hold) and increased the target price to 2800p (from 2750p).

06 Jan:  Goldman Sachs reiterates its buy rating on Royal Dutch Shell (RDSB) and cut the target price to 3100p (from 3200p).

06 Dec:  JP Morgan Cazenove reiterates its overweight rating on Royal Dutch Shell (RDSB) and cut the target price to 2850p (from 2900p).

07 Nov:  HSBC reiterates its buy rating on Royal Dutch Shell (RDSB) and cut the target price to 2480p (from 2500p).

07 Nov:  Barclays Capital reiterates its equal weight rating on Royal Dutch Shell (RDSB) and cut the target price to 2850p (from 3000p).

01 Nov:  Societe Generale reiterates its buy rating on Royal Dutch Shell (RDSB) and cut the target price to 2700p (from 2800p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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