Royal Dutch Shell (RDSB) Given a GBX 3,250 Price Target at JPMorgan Chase & Co.
RDSB has been the subject of several other reports. BNP Paribas restated an outperform rating and issued a GBX 3,450 ($45.08) price objective on shares of Royal Dutch Shell in a report on Thursday, October 4th. Barclays restated an overweight rating and issued a GBX 3,300 ($43.12) price objective on shares of Royal Dutch Shell in a report on Tuesday, September 11th. HSBC raised their price objective on shares of Royal Dutch Shell from GBX 2,820 ($36.85) to GBX 2,890 ($37.76) and gave the stock a hold rating in a report on Friday, July 13th. Royal Bank of Canada raised their price objective on shares of Royal Dutch Shell from GBX 2,800 ($36.59) to GBX 2,900 ($37.89) and gave the stock an outperform rating in a report on Monday, August 20th. Finally, Goldman Sachs Group raised their price objective on shares of Royal Dutch Shell from GBX 2,980 ($38.94) to GBX 3,130 ($40.90) and gave the stock a buy rating in a report on Friday, September 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. Royal Dutch Shell has an average rating of Buy and an average target price of GBX 2,920.83 ($38.17).
RDSB traded down GBX 17 ($0.22) on Wednesday, hitting GBX 2,532 ($33.09). The company had a trading volume of 3,272,172 shares, compared to its average volume of 5,080,000. Royal Dutch Shell has a 52-week low of GBX 2,037 ($26.62) and a 52-week high of GBX 2,617 ($34.20).
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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