Royal Dutch Shell Plc (LON:RDSB) has been given a GBX 2,380 ($29.46) target price by equities researchers at HSBC in a note issued to investors on Tuesday. The brokerage presently has a a “buy” rating on the stock. HSBC’s price objective would suggest a potential upside of 6.87% from the stock’s current price.
Several other research analysts also recently weighed in on the company. Goldman Sachs Group Inc. set a GBX 2,225 ($27.54) target price on Royal Dutch Shell Plc and gave the company a “buy” rating in a research note on Wednesday, October 5th. Barclays PLC reiterated an “overweight” rating and issued a GBX 2,600 ($32.18) target price on shares of Royal Dutch Shell Plc in a research note on Monday, July 18th. Societe Generale set a GBX 2,500 ($30.94) target price on Royal Dutch Shell Plc and gave the company a “buy” rating in a research note on Thursday, July 7th. Liberum Capital restated a “buy” rating and issued a GBX 2,071 ($25.63) price target on shares of Royal Dutch Shell Plc in a research note on Thursday, July 28th. Finally, Royal Bank Of Canada downgraded Royal Dutch Shell Plc to a “sector performer” rating and decreased their price target for the company from GBX 2,250 ($27.85) to GBX 2,100 ($25.99) in a research note on Monday, August 1st. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 2,036.11 ($25.20).
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2230.00 on Tuesday. The stock’s market capitalization is GBX 178.40 billion. Royal Dutch Shell Plc has a one year low of GBX 1,261.03 and a one year high of GBX 2,251.50. The firm has a 50-day moving average price of GBX 1,974.35 and a 200 day moving average price of GBX 1,889.62.
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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