UBS set a GBX 2,675 ($36.96) target price on Royal Dutch Shell (LON:RDSB) in a research note released on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
A number of other equities analysts also recently issued reports on the company. Barclays reaffirmed an overweight rating and issued a GBX 3,000 ($41.45) price target on shares of Royal Dutch Shell in a report on Friday, January 19th. 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. Deutsche Bank reissued a buy rating and issued a GBX 2,800 ($38.68) price objective on shares of Royal Dutch Shell in a report on Monday, January 29th. Morgan Stanley reissued an overweight rating and issued a GBX 2,930 ($40.48) price objective on shares of Royal Dutch Shell in a report on Wednesday, November 29th. Finally, Goldman Sachs set a GBX 2,790 ($38.55) price objective on Royal Dutch Shell and gave the company a buy rating in a report on Thursday, December 14th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of GBX 2,615.26 ($36.13).
Royal Dutch Shell stock opened at GBX 2,248.50 ($31.07) on Thursday. The stock has a market capitalization of $209,710.00 and a P/E ratio of 1,770.47. Royal Dutch Shell has a fifty-two week low of GBX 2,037 ($28.14) and a fifty-two week high of GBX 2,617 ($36.16).
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Royal Dutch Shell Company Profile
The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.
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