Royal Dutch Shell: RBC keeps 'outperform' rating.
(CercleFinance.com) - RBC Capital Markets has on Wednesday maintained its "outperform" rating on Royal Dutch Shell.
"We continue to believe that Shell's cash flow generation potential is underappreciated by investors, and expect more consistent delivery over the next few years," the Canadian broker explains in a research note.
RBC says the four keys to the shares' outperformance are (1) delivering new growth volumes; (2) paying down debt; (3) organic dividend coverage; and (4) removing the scrip dividend.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
"We continue to believe that Shell's cash flow generation potential is underappreciated by investors, and expect more consistent delivery over the next few years," the Canadian broker explains in a research note.
RBC says the four keys to the shares' outperformance are (1) delivering new growth volumes; (2) paying down debt; (3) organic dividend coverage; and (4) removing the scrip dividend.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.