Royal Dutch Shell Plc  .com Rotating Header Image

SWISS BROKER UBS MOVES SHELL TRANSPORT FROM ‘BUY’ TO ‘NEUTRAL’

The Times: SWISS BROKER UBS MOVES SHELL TRANSPORT FROM “BUY” TO “NEUTRAL”

By Nick Hasell

Stock Markets

June 23, 2004

Weakness in the oil majors also played a part in the index retreat, with Shell Transport off 4¼p at 407½p after UBS moved from “buy” to “neutral”. The Swiss broker has raised its capital expenditure forecasts from 2005 onwards to $15 billion, at the top end of the range indicated by the company. UBS thinks the shares still offer “reasonable value”, but not enough to justify a positive rating.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

0 Comments on “SWISS BROKER UBS MOVES SHELL TRANSPORT FROM ‘BUY’ TO ‘NEUTRAL’”

Leave a Comment

%d bloggers like this: