Royal Dutch Shell (RDSB.L) 22-10-19 - Accendo Markets

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Royal Dutch Shell (RDSB.L) 22-10-19

Shares in Royal Dutch Shell (RDSB.L) have fallen dramatically from recent highs of 2618p. Will it continue, or is this an opportunity to pick up a bargain?

Now trading at 2239p (at time of writing). A return to previous highs would represent a rise of 16%.
The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
Shares -14% from 12-month highs; +0% from 12 month lows.

Latest News

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).

30 Sep: Royal Dutch Shell stated that it expects to produce between 2.60m and 2.65m barrels of oil per day at its upstream oil and gas business in Q3.

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

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