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Home / Stocks and Markets at Lows / Royal Dutch Shell (RDSB.L) 27-02-20

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) 27-02-20

Royal Dutch Shell (RDSB.L) has fallen dramatically from recent highs of 2410p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • Now trading at 1747p (at time of writing). A return to previous highs would represent a rise of 38%.
  • This stock is one of the most significant fallers in the period.
  • Is the trend your friend, or is a bounce imminent?
  • The market often over-reacts to bad news. Investors should consider whether it is down for good reason, or is this another over-reaction?
  • Investors seeking a bargain should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Shares -33% from 12-month highs; +0% from 12 month lows.

Latest News

04 Feb:  Societe Generale reiterates its buy rating on Royal Dutch Shell (RDSB) and reduced the target price to 2550p (from 2700p).

03 Feb:  Berenberg reiterates its buy rating on Royal Dutch Shell (RDSB) and reduced the target price to 2680p (from 2800p).

31 Jan:  UBS reiterates its buy rating on Royal Dutch Shell (RDSB) and reduced the target price to 2450p (from 2700p).

27 Jan:  Kepler Cheuvreux reiterates its buy rating on Royal Dutch Shell (RDSB) and reduced the target price to 2529.22p (from 2764.08p).

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 reduced the target price to 3100p (from 3200p).

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

 

Click to enlarge

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


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