A number of other research analysts also recently commented on RDSA. HSBC reissued a buy rating and set a GBX 2,000 ($24.75) target price on shares of Royal Dutch Shell Plc in a research report on Monday, June 20th. Barclays PLC reissued an overweight rating and set a GBX 2,450 ($30.32) target price on shares of Royal Dutch Shell Plc in a research report on Thursday, June 23rd. Liberum Capital raised their target price on shares of Royal Dutch Shell Plc from GBX 1,910 ($23.64) to GBX 2,071 ($25.63) and gave the company a buy rating in a research report on Wednesday, June 29th. Credit Suisse Group AG restated an outperform rating and issued a GBX 2,070 ($25.62) price target on shares of Royal Dutch Shell Plc in a report on Monday, July 4th. Finally, Jefferies Group raised their price target on shares of Royal Dutch Shell Plc from GBX 2,040 ($25.25) to GBX 2,400 ($29.70) and gave the company a buy rating in a report on Monday, July 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. Royal Dutch Shell Plc has an average rating of Buy and a consensus price target of GBX 2,074.29 ($25.67).
Royal Dutch Shell Plc (LON:RDSA) traded up 1.71% on Thursday, hitting GBX 2108.50. 1,952,834 shares of the stock traded hands. The firm has a 50-day moving average price of GBX 1,905.74 and a 200-day moving average price of GBX 1,855.08. Royal Dutch Shell Plc has a 12 month low of GBX 1,256.00 and a 12 month high of GBX 2,140.00.
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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