Barclays PLC reissued their overweight rating on shares of Royal Dutch Shell Plc (LON:RDSA) in a report published on Tuesday. Barclays PLC currently has a GBX 2,600 ($33.94) price target on the stock.
A number of other equities research analysts have also recently commented on RDSA. Societe Generale reissued a buy rating and set a GBX 1,900 ($24.80) target price on shares of Royal Dutch Shell Plc in a research report on Monday, June 6th. Liberum Capital reiterated a buy rating and issued a GBX 1,904 ($24.85) price objective on shares of Royal Dutch Shell Plc in a research note on Tuesday, June 7th. Morgan Stanley increased their price objective on shares of Royal Dutch Shell Plc from GBX 2,180 ($28.46) to GBX 2,280 ($29.76) and gave the stock an overweight rating in a research note on Wednesday, June 8th. JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 1,630 ($21.28) price objective on shares of Royal Dutch Shell Plc in a research note on Wednesday, June 8th. Finally, Jefferies Group reiterated a buy rating and issued a GBX 2,040 ($26.63) price objective on shares of Royal Dutch Shell Plc in a research note on Thursday, June 9th. Four research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of GBX 2,033.71 ($26.55).
Shares of Royal Dutch Shell Plc (LON:RDSA) opened at 2078.50 on Tuesday. Royal Dutch Shell Plc has a 12 month low of GBX 1,256.00 and a 12 month high of GBX 2,127.40. The company’s 50 day moving average is GBX 1,885.92 and its 200 day moving average is GBX 1,844.23.
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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