Royal Dutch Shell (RDSB.L) 06-12-19
Royal Dutch Shell (RDSB.L) has fallen dramatically from recent highs of 2335p. Will it continue, or is this an opportunity to pick up a bargain?
- Now trading at 2149p (at time of writing). A return to previous highs would represent a rise of 8%.
- 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 -18% from 12-month highs; +1% from 12 month lows.
Latest News
07 Nov: HSBC reiterates its buy rating on Royal Dutch Shell (RDSB) and reduced the target price to 2480p (from 2500p).
07 Nov: Barclays Capital reiterates its equal weight rating on Royal Dutch Shell (RDSB) and reduced the target price to 2850p (from 3000p).
01 Nov: Societe Generale reiterates its buy rating on Royal Dutch Shell (RDSB) and reduced the target price to 2700p (from 2800p).
07 Oct: Goldman Sachs reiterates its buy rating on Royal Dutch Shell (RDSB) and reduced the target price to 3200p (from 3600p).
02 Oct: Barclays Capital reiterates its equal weight rating on Royal Dutch Shell (RDSB) and reduced the target price to 3000p (from 3100p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires