Royal Dutch Shell Group .com

ShareWatch.com: Royal Dutch Shell upped at Merrill on tech support: “The broker also told clients that it sees potential for some positive news…” (ShellNews.net) 18 April 05

 

LONDON (MarketWatch) -- Merrill Lynch upgraded Royal Dutch Shell Group to buy from neutral, citing the strong technical support it expects ahead of the July merger of the two holding companies into a single entity.

 

The broker also told clients that it sees potential for some positive news on asset disposal execution and noted the group's leverage to refining, which it continues to view as a source of potential upside earnings surprise over the next six months.

 

http://www.sharewatch.com/story.php?storynumber=71380

 

 

 

 

 

 

Click here for ShellNews.net HOME PAGE


Click here to return to Royal Dutch Shell Group .com