Shell plc : Expect the comeback of a strong trend
Entry price | Target | Stop-loss | Potential |
---|
€26.4 |
€28.5 |
€24.8 |
+7.95% |
---|
From a horizontal accumulation phase, the timing seems good to buy shares in Royal Dutch Shell and to get ahead of a break-out on the upside of the congestion area.
Summary● In a short-term perspective, the company has interesting fundamentals.
Strengths● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● The company's attractive earnings multiples are brought to light by a P/E ratio at 10.85 for the current year.
● This company will be of major interest to investors in search of a high dividend stock.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses● As estimated by analysts, this group is among those businesses with the lowest growth prospects.
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