Deutsche Bank Reiterates Buy Rating for Royal Dutch Shell (RDSA)

Royal Dutch Shell (LON:RDSA)‘s stock had its “buy” rating reiterated by Deutsche Bank in a research note issued to investors on Friday.

A number of other brokerages have also recently issued reports on RDSA. UBS Group reiterated a “buy” rating on shares of Royal Dutch Shell in a research note on Wednesday, October 3rd. HSBC reiterated a “hold” rating on shares of Royal Dutch Shell in a research note on Friday, July 20th. Credit Suisse Group set a GBX 3,350 ($43.77) price objective on Royal Dutch Shell and gave the stock a “buy” rating in a research note on Thursday, July 19th. Citigroup reiterated a “sell” rating on shares of Royal Dutch Shell in a research note on Wednesday, October 3rd. Finally, Sanford C. Bernstein set a GBX 3,300 ($43.12) price objective on Royal Dutch Shell and gave the stock a “buy” rating in a research note on Monday, July 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 2,950.31 ($38.55).

Shares of Royal Dutch Shell stock opened at GBX 2,402.50 ($31.39) on Friday. Royal Dutch Shell has a 12-month low of GBX 1,982.50 ($25.90) and a 12-month high of GBX 2,579.50 ($33.71).

Royal Dutch Shell Company Profile

Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for and extracts crude oil, natural gas, and natural gas liquids. The company also liquefies gas; converts natural gas to liquids to provide fuels and other products; markets and transports oil and gas; and extracts bitumen from mined oil sands and converts it to synthetic crude oil.

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Analyst Recommendations for Royal Dutch Shell (LON:RDSA)

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