RDS: Strategic Presentation

JEAN-PIERRE DMIRDJIAN, Oddo Securities Corp. (03/16/2011)
"The Shell group delivers on its objectives, as expected. Shell's strategic presentation yesterday did not reveal any surprises; the CEO validated the group's principal objectives. . .[including] confirmation of 3.5 Mboe/d of production for 2012 and 3.7Mboe/d for 2014. We reiterate our Buy (1) recommendation and target price of 2,550p."

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