Shares of Royal Dutch Shell Plc (LON:RDSB) have been given a consensus recommendation of “Buy” by the twenty-seven research firms that are covering the firm. One analyst has rated the stock with a sell rating, ten have given a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 1,999.99 ($26.11).
A number of equities research analysts have recently commented on RDSB shares. Societe Generale raised their target price on Royal Dutch Shell Plc from GBX 1,660 ($21.67) to GBX 1,900 ($24.80) and gave the company a “buy” rating in a research report on Monday, June 6th. Goldman Sachs Group Inc. restated a “buy” rating and set a GBX 2,185 ($28.52) target price on shares of Royal Dutch Shell Plc in a research report on Monday, June 27th. HSBC set a GBX 2,275 ($29.70) price objective on Royal Dutch Shell Plc and gave the stock a “buy” rating in a report on Wednesday, July 13th. Jefferies Group set a GBX 2,400 ($31.33) price objective on Royal Dutch Shell Plc and gave the stock a “buy” rating in a report on Monday, July 11th. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a GBX 2,035 ($26.56) price objective on shares of Royal Dutch Shell Plc in a report on Friday, June 10th.
Shares of Royal Dutch Shell Plc (LON:RDSB) traded up 2.62% during midday trading on Tuesday, hitting GBX 2097.50. The stock had a trading volume of 13,573,105 shares. Royal Dutch Shell Plc has a 52-week low of GBX 1,261.03 and a 52-week high of GBX 2,163.35. The firm’s 50 day moving average price is GBX 1,959.54 and its 200 day moving average price is GBX 1,876.13. The firm’s market cap is GBX 167.80 billion.
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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