Benchmark Upgrades Royal Dutch Shell (RDS-A) to Hold; Valuation and Improved Portfolio Quality
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Price: $51.04 --0%
Rating Summary:
21 Buy, 14 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
21 Buy, 14 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Benchmark upgraded Royal Dutch Shell (NYSE: RDS-A) from Sell to Hold.
Benchmark analyst says, "Rating raised on more benign share valuation and enhanced profitability and growth outlook attributable to improved quality of upstream and downstream asset portfolios...Improved upstream growth outlook reflects stronger development inventory attributable to recently negotiated unconventional resource positions, exploration success and the enhanced prospectivity of the Company’s high impact exploratory portfolio."
For more ratings news on Royal Dutch Shell click here and for the rating history of Royal Dutch Shell click here.
Shares of Royal Dutch Shell closed at $61.65 yesterday.
Benchmark analyst says, "Rating raised on more benign share valuation and enhanced profitability and growth outlook attributable to improved quality of upstream and downstream asset portfolios...Improved upstream growth outlook reflects stronger development inventory attributable to recently negotiated unconventional resource positions, exploration success and the enhanced prospectivity of the Company’s high impact exploratory portfolio."
For more ratings news on Royal Dutch Shell click here and for the rating history of Royal Dutch Shell click here.
Shares of Royal Dutch Shell closed at $61.65 yesterday.
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