Royal Dutch Shell (LON:RDSB) Given a GBX 2,750 Price Target at Royal Bank of Canada

Share on StockTwits

Royal Dutch Shell (LON:RDSB) has been given a GBX 2,750 ($35.93) price objective by analysts at Royal Bank of Canada in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Royal Bank of Canada’s price target points to a potential upside of 7.72% from the stock’s current price.

Several other research analysts also recently commented on RDSB. UBS Group reiterated a “buy” rating and set a GBX 2,900 ($37.89) target price on shares of Royal Dutch Shell in a research note on Wednesday, June 5th. Credit Suisse Group set a GBX 3,175 ($41.49) price target on Royal Dutch Shell and gave the stock a “buy” rating in a report on Wednesday, June 5th. HSBC lifted their price target on Royal Dutch Shell from GBX 2,740 ($35.80) to GBX 2,860 ($37.37) and gave the stock a “buy” rating in a report on Friday, June 7th. Berenberg Bank reissued a “hold” rating and set a GBX 2,700 ($35.28) price target on shares of Royal Dutch Shell in a report on Thursday, May 16th. Finally, Goldman Sachs Group set a GBX 3,350 ($43.77) price target on Royal Dutch Shell and gave the stock a “buy” rating in a report on Tuesday, June 4th. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 2,987.50 ($39.04).

Shares of LON RDSB opened at GBX 2,553 ($33.36) on Monday. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 46.21. Royal Dutch Shell has a 12 month low of GBX 2,227 ($29.10) and a 12 month high of GBX 2,792.50 ($36.49). The company has a market cap of $95.44 billion and a PE ratio of 9.02.

About Royal Dutch Shell

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.

Recommended Story: How mutual funds make money

Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

Receive News & Ratings for Royal Dutch Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

William I. Jacobs Sells 600 Shares of Global Payments Inc  Stock
William I. Jacobs Sells 600 Shares of Global Payments Inc Stock
Stewart Butterfield Sells 2,500 Shares of Slack  Stock
Stewart Butterfield Sells 2,500 Shares of Slack Stock
Alice Lindsay Caulder Sells 501 Shares of World Acceptance Corp.  Stock
Alice Lindsay Caulder Sells 501 Shares of World Acceptance Corp. Stock
Insider Buying: ALS Ltd  Insider Buys 14,983 Shares of Stock
Insider Buying: ALS Ltd Insider Buys 14,983 Shares of Stock
Opko Health Inc.  CEO Purchases $106,000.00 in Stock
Opko Health Inc. CEO Purchases $106,000.00 in Stock
Robert Langer Sells 7,500 Shares of Rubius Therapeutics Inc  Stock
Robert Langer Sells 7,500 Shares of Rubius Therapeutics Inc Stock


© 2006-2019 Ticker Report