Majority of Analysts Rate Shell as a ‘Buy’ Post-2Q16 Earnings
Nine out of the ten companies surveyed rated Royal Dutch Shell (RDS.A) a “buy,” “overweight,” or “outperform.”
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By Maitali Ramkumar
Aug. 3 2016, Updated 9:06 a.m. ET
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Analysts rate Shell a “buy”
Nine out of the ten companies surveyed rated Royal Dutch Shell (RDS.A) a “buy,” “overweight,” or “outperform.” The highest and lowest 12-month price targets stand at $66 and $59, indicating a 27% and 14% rise from current levels, respectively. The average price target at $62 implies a 20% gain.
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