|Bid||1,307.60 x 0|
|Ask||1,307.60 x 0|
|Day's Range||1,284.80 - 1,316.62|
|52 Week Range||128.20 - 2,342.50|
|Beta (5Y Monthly)||0.69|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.51 (3.88%)|
|Ex-Dividend Date||Nov 12, 2020|
|1y Target Est||36.11|
Shell (RDS.A) initiates closure of its Convent Refinery by suspending 12,000 barrels per day (bpd) isomerization unit earlier this week followed by deactivating its 36,000-bpd diesel hydrotreater.
Royal Dutch Shell was upgraded to outperform at Bernstein. It’s all about dividends and cash flow, say the analysts.
Royal Dutch Shell was upgraded to outperform from market perform at Bernstein Research on attractive cashflow momentum. "With our fear of a dividend cut behind us and the surprise 3Q dividend boost still resonating we've re-examined the Shell cashflow story and think it's now too good to ignore. We now remove our 0.75x multiple discount which boosts our price target to £21/$54, offering 60% upside," said analysts led by Oswald Clint.