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In Money Matters

Shell may lead the European recovery

27th November 2020 Matthew Patridge

Shell may lead the European recovery Pin It

Shell is one of the companies leading the European recovery on the stock exchanges. RBC analysts believe it as they have included the oil and gas company in a list of leading companies. Beer brewer AB InBev and glasses and lenses maker Essilorluxotica were also added.

The market prospectors note that Shell can generate positive cash flow faster than many branches. That gives us room to grow the dividend.

The Shell stock lost 0.9 percent on Thursday and closed at 15.14 euros.

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