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