Royal Dutch Shell upped to outperform at Bernstein on cashflow view

Royal Dutch Shell /zigman2/quotes/206428183/delayed UK:RDSA -1.38% /zigman2/quotes/205095589/composite RDS.A -3.51% 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.

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Royal Dutch Shell PLC A

UK : U.K.: London

£ 1,483.00

-20.80 -1.38%

Volume: 5.36M

Jan. 15, 2021 4:35p

P/E Ratio

N/A

Dividend Yield

0.03%

Market Cap

£113.10 billion

Rev. per Employee

£3.21M

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Royal Dutch Shell PLC ADR Cl A

US : U.S.: NYSE

$ 40.19

-1.46 -3.51%

Volume: 4.97M

Jan. 15, 2021 4:00p

P/E Ratio

N/A

Dividend Yield

4.05%

Market Cap

$153.60 billion

Rev. per Employee

$4.11M