Royal Dutch Shell plc : The scenario of a decline should be the first
Entry price :
18.406€ | Target : 16.7€ | Stop-loss : 19.5€ | Potential : 9.27%
The strong trading volumes in the stock over the past days have brought about the start of a correction in stocks of Royal Dutch Shell plc. Investors should open a short trade and target the € 16.7.
The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility. The company presents an interesting fundamental situation from a short-term investment perspective. According to Refinitiv, the company's ESG score for its industry is good.
Its low valuation, with P/E ratio at 8.85 and 6.19 for the ongoing fiscal year and 2022 respectively, makes the stock pretty attractive with regard to earnings multiples. The company shows low valuation levels, with an enterprise value at 0.73 times its sales. The company's share price in relation to its net book value makes it look relatively cheap. Given the positive cash flows generated by its business, the company's valuation level is an asset. This company will be of major interest to investors in search of a high dividend stock. For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner. Analysts covering this company mostly recommend stock overweighting or purchase. The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock. Over the past four months, analysts' average price target has been revised upwards significantly. Analyst opinion has improved significantly over the past four months. Over the past twelve months, analysts' opinions have been strongly revised upwards.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company. Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
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Net income 2022
33 510 M
Net Debt 2022
35 917 M
P/E ratio 2022
EV / Sales 2022
EV / Sales 2023
Nbr of Employees
Upcoming event on SHELL PLC
Number of Analysts
Last Close Price
Average target price
Spread / Average Target