Royal Dutch Shell Plc (LON:RDSB) Receives GBX 1,999.99 Consensus Target Price from Analysts
Royal Dutch Shell Plc (LON:RDSB) has been given a consensus rating of “Buy” by the twenty-eight research firms that are covering the firm. One research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation, sixteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 2,010.92 ($26.25).
Several brokerages recently weighed in on RDSB. S&P Global Inc. set a GBX 1,950 ($25.45) price objective on shares of Royal Dutch Shell Plc and gave the company a “neutral” rating in a report on Thursday, July 28th. Royal Bank Of Canada restated a “sector performer” rating and issued a GBX 2,100 ($27.41) price objective on shares of Royal Dutch Shell Plc in a report on Tuesday, September 6th. HSBC cut their price objective on shares of Royal Dutch Shell Plc from GBX 2,250 ($29.37) to GBX 2,150 ($28.06) and set a “buy” rating on the stock in a report on Tuesday, September 27th. Jefferies Group set a GBX 2,400 ($31.33) price objective on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a report on Monday, July 11th. Finally, Barclays PLC restated an “overweight” rating and issued a GBX 2,450 ($31.98) price objective on shares of Royal Dutch Shell Plc in a report on Thursday, June 23rd.
Royal Dutch Shell Plc (LON:RDSB) opened at 2122.00 on Tuesday. Royal Dutch Shell Plc has a 12-month low of GBX 1,261.03 and a 12-month high of GBX 2,163.35. The stock’s 50 day moving average is GBX 1,965.50 and its 200 day moving average is GBX 1,880.80. The stock’s market capitalization is GBX 169.76 billion.
About Royal Dutch Shell Plc
Royal Dutch Shell plc (Shell) is an independent oil and gas company. The Company explores for crude oil and natural gas across the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company is engaged in the principal aspects of the oil and gas industry in approximately 70 countries.
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