Royal Dutch Shell Plc (RDSB) PT Set at GBX 2,225 by Goldman Sachs Group Inc.
Royal Dutch Shell Plc (LON:RDSB) has been given a GBX 2,225 ($29.04) target price by stock analysts at Goldman Sachs Group Inc. in a research report issued to clients and investors on Wednesday. The firm presently has a a “buy” rating on the stock. Goldman Sachs Group Inc.’s price objective would suggest a potential upside of 4.85% from the company’s current price.
RDSB has been the topic of a number of other research reports. Barclays PLC reiterated an “overweight” rating and set a GBX 2,600 ($33.94) price target on shares of Royal Dutch Shell Plc in a report on Friday, July 29th. Societe Generale set a GBX 2,500 ($32.63) price target on Royal Dutch Shell Plc and gave the company a “buy” rating in a report on Thursday, July 7th. Deutsche Bank AG set a GBX 2,135 ($27.87) price target on Royal Dutch Shell Plc and gave the company a “buy” rating in a report on Monday, July 25th. Morgan Stanley set a GBX 2,280 ($29.76) price target on Royal Dutch Shell Plc and gave the company a “buy” rating in a report on Wednesday, June 8th. Finally, Liberum Capital reiterated a “buy” rating and set a GBX 2,071 ($27.03) price target on shares of Royal Dutch Shell Plc in a report on Thursday, July 28th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of GBX 2,010.92 ($26.25).
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2174.505 on Wednesday. The company’s 50 day moving average price is GBX 1,965.50 and its 200 day moving average price is GBX 1,880.80. The stock’s market capitalization is GBX 173.96 billion. Royal Dutch Shell Plc has a one year low of GBX 1,261.03 and a one year high of GBX 2,176.01.
Royal Dutch Shell Plc Company Profile
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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