JPMorgan Chase & Co. reissued their overweight rating on shares of Royal Dutch Shell (LON:RDSA) in a research report report published on Tuesday morning. The firm currently has a GBX 2,950 ($40.76) price objective on the stock.
A number of other brokerages have also recently commented on RDSA. Barclays reiterated an overweight rating and issued a GBX 3,000 ($41.45) target price on shares of Royal Dutch Shell in a research report on Tuesday, February 27th. Citigroup reissued a sell rating and issued a GBX 2,050 ($28.32) price objective on shares of Royal Dutch Shell in a report on Wednesday, November 29th. Credit Suisse Group reissued an outperform rating and issued a GBX 2,635 ($36.41) price objective on shares of Royal Dutch Shell in a report on Wednesday, November 29th. Jefferies Group reissued a buy rating and issued a GBX 2,720 ($37.58) price objective (up previously from GBX 2,650 ($36.61)) on shares of Royal Dutch Shell in a report on Monday, December 18th. Finally, Morgan Stanley upped their price objective on shares of Royal Dutch Shell from GBX 2,930 ($40.48) to GBX 3,040 ($42.00) and gave the company a top pick rating in a report on Monday, January 8th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of GBX 2,633.33 ($36.38).
Shares of Royal Dutch Shell (LON:RDSA) opened at GBX 2,261.50 ($31.24) on Tuesday. The company has a market cap of $203,270.00 and a PE ratio of 1,130.75. Royal Dutch Shell has a 12-month low of GBX 1,982.50 ($27.39) and a 12-month high of GBX 2,579.50 ($35.64).
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