Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “overweight” rating reaffirmed by equities researchers at Barclays PLC in a report issued on Tuesday. They currently have a GBX 2,750 ($36.16) price objective on the stock. Barclays PLC’s price target would suggest a potential upside of 17.65% from the company’s current price.
Several other research analysts also recently commented on the stock. Deutsche Bank AG set a GBX 2,450 ($32.21) price target on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Wednesday, October 4th. Morgan Stanley set a GBX 2,560 ($33.66) price target on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Monday, October 2nd. Goldman Sachs Group, Inc. (The) reissued a “buy” rating and set a GBX 2,580 ($33.92) price target on shares of Royal Dutch Shell Plc in a research note on Monday, October 2nd. Royal Bank Of Canada set a GBX 2,500 ($32.87) price target on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Thursday, September 28th. Finally, UBS AG set a GBX 2,550 ($33.53) price target on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Tuesday, September 26th. One analyst has rated the stock with a sell rating, two have given a hold rating and sixteen have assigned a buy rating to the stock. Royal Dutch Shell Plc presently has an average rating of “Buy” and an average target price of GBX 2,418.16 ($31.79).
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2330.50 on Tuesday. Royal Dutch Shell Plc has a 12-month low of GBX 2,006.00 and a 12-month high of GBX 2,403.68. The company’s market capitalization is GBX 191.40 billion. The firm’s 50-day moving average is GBX 2,222.18 and its 200-day moving average is GBX 2,163.06.
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About Royal Dutch Shell Plc
The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.
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