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