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UBS raises Shell price target and maintains buy rating

UBS AG has raised its price target for Shell (ex Royal Dutch Shell) from 3000 to 3150 pence, maintaining a "Buy" rating. Analyst Joshua Stone noted that the company finished 2024 strongly, with cost-cutting measures just beginning to take effect.

UBS Maintains Neutral Rating for Shell with Target Price of 2800 Pence

UBS has maintained a "Neutral" rating for Shell, setting a target price of 2800 pence. Analyst Joshua Stone noted that the company's decision to step back from leading new offshore wind projects aligns with the new management's focus on return-driven strategies.
22:10 05.12.2024

UBS maintains neutral rating for Shell with price target of 2750 pence

UBS AG has maintained a "Neutral" rating for Shell (formerly Royal Dutch Shell) with a price target of 2750 Pence. Analyst Joshua Stone noted that the company met expectations following its quarterly report, reflecting a stable outlook for the energy giant.
13:01 31.10.2024

UBS maintains neutral rating for Shell with target price of 2750 pence

UBS has maintained a "Neutral" rating for Shell, setting a target price of 2750 pence. Analyst Joshua Stone noted that the company met expectations following its quarterly report.
12:08 31.10.2024

european markets set to decline as companies report mixed earnings results

European markets are set to open lower as traders await euro zone inflation data. Carlsberg reported a 0.9% revenue growth in Q3 2024, while AB InBev's revenue rose 2.1%, both falling short of expectations. Shell posted a stronger-than-expected profit despite a year-on-year drop, while Japan's central bank indicated potential rate hikes amid economic recovery. In China, the manufacturing PMI showed expansion for the first time since April, signaling improved economic conditions.

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