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Royal Dutch Shell has potential for constructive change under new boss, says JP Morgan

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September 18 2013, 11:57am

Royal Dutch Shell (LON:RDSB) has the potential for constructive change under soon-to-be appointed chief executive Ben van Beurden, according to analysts at JP Morgan.

The investment banking major does, however, retain an ‘underweight’ rating for the stock.

Shell caught the market off guard when it hired BvB, promoting the 30 year company man from within, from his position as director of downstream operations – before that he was executive VP of the chemicals division.

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