Royal Dutch Shell Plc (RDSA) Price Target Increased to GBX 2,960 by Analysts at Barclays PLC
Royal Dutch Shell Plc (LON:RDSA) had its price objective boosted by Barclays PLC from GBX 2,600 ($32.18) to GBX 2,960 ($36.63) in a research note issued to investors on Monday morning. They currently have an overweight rating on the stock.
Other equities analysts have also recently issued reports about the stock. Citigroup Inc. reissued a neutral rating on shares of Royal Dutch Shell Plc in a research report on Monday, August 1st. Jefferies Group upped their price objective on shares of Royal Dutch Shell Plc from GBX 2,040 ($25.25) to GBX 2,400 ($29.70) and gave the company a buy rating in a research report on Monday, July 11th. HSBC reissued a buy rating and issued a GBX 2,180 ($26.98) price objective on shares of Royal Dutch Shell Plc in a research report on Wednesday, September 7th. Canaccord Genuity reissued a hold rating and issued a GBX 1,830 ($22.65) price objective on shares of Royal Dutch Shell Plc in a research report on Tuesday, September 6th. Finally, Credit Suisse Group AG reissued an outperform rating and issued a GBX 2,070 ($25.62) price objective on shares of Royal Dutch Shell Plc in a research report on Monday, July 4th. Four equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Royal Dutch Shell Plc has an average rating of Buy and a consensus price target of GBX 2,067.24 ($25.58).
Shares of Royal Dutch Shell Plc (LON:RDSA) opened at 2114.00 on Monday. Royal Dutch Shell Plc has a 52-week low of GBX 1,256.00 and a 52-week high of GBX 2,140.00. The stock’s 50 day moving average price is GBX 1,889.90 and its 200-day moving average price is GBX 1,849.23.
About Royal Dutch Shell Plc
Royal Dutch Shell plc (Shell) is an independent oil and gas company, based in the United Kingdom. It operates in three segments: Upstream, Downstream and Corporate. Upstream combines the operating segments Upstream International and Upstream Americas, which are engaged in searching for and recovering crude oil and natural gas, the liquefaction and transportation of gas, the extraction of bitumen from oil sands and converting it into synthetic crude oil, and wind energy.
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