Royal Dutch Shell (RDSB) Given a GBX 3,250 Price Target by JPMorgan Chase & Co. Analysts
A number of other equities research analysts have also issued reports on the company. HSBC upped their price target on Royal Dutch Shell from GBX 2,890 ($37.76) to GBX 2,900 ($37.89) and gave the company a hold rating in a research report on Tuesday. Deutsche Bank set a GBX 2,800 ($36.59) price target on Royal Dutch Shell and gave the company a buy rating in a research report on Friday, November 2nd. Berenberg Bank increased their price objective on Royal Dutch Shell from GBX 2,800 ($36.59) to GBX 2,950 ($38.55) and gave the stock a hold rating in a research report on Friday, November 2nd. Credit Suisse Group set a GBX 3,175 ($41.49) price objective on Royal Dutch Shell and gave the stock a buy rating in a research report on Thursday, November 1st. 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 report on Thursday, November 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. Royal Dutch Shell has a consensus rating of Buy and an average target price of GBX 2,984.69 ($39.00).
Shares of RDSB stock traded down GBX 2.50 ($0.03) during trading hours on Friday, reaching GBX 2,462.50 ($32.18). The company had a trading volume of 3,955,802 shares, compared to its average volume of 5,080,000. Royal Dutch Shell has a 12-month low of GBX 2,037 ($26.62) and a 12-month high of GBX 2,617 ($34.20).
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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