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RDSA News - Broker Forecast - JP Morgan Cazenove issues a broker note on Royal Dutch Shell

StockMarketWire.com - JP Morgan Cazenove today reaffirms its overweight investment rating on Royal Dutch Shell [LON:RDSA] and cut its price target to 2900p (from 2950p).

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FTSE 100 watch: Oil majors limit index’s losses

The FTSE 100 has fallen marginally lower in London this Monday, with a surge in BP (LON:BP) and Royal Dutch Shell (LON:RDSA) limiting the index’s losses over geopolitical concerns in the wake of ...

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FTSE 100 toils; US indices open lower

But the advance of Footsie heavyweights BP (LON:BP. and Shell (LON:RDSA), on the back of higher crude prices, staunched the losses. They were up respectively 4% and 3% on the back of a surging oil ...

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StockBeat: Saudi Attacks Mean Oil & Gas Gains, Airlines Pain

By 5 AM ET, BP (LON:BP) and Royal Dutch Shell (LON:RDSa) had shot to the top of the U.K. FTSE 100, rising 3.8% and 2.8% respectively, while there were more spectacular gains for pure upstream ...

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FTSE 100 called lower; oil prices spike in wake of Saudi drone attacks

That said, oil heavyweights such as Shell (LON:RDSA) and BP (LON:BP.) are expected to mitigate some of the potential downside, such is their weighting in the index.

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