Royal Dutch Shell Plc Stock Rating Reaffirmed by RBC Capital (RDSA)
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “outperform” rating reaffirmed by equities researchers at RBC Capital in a research report issued on Monday, AnalystRatingsNetwork.com reports. They currently have a GBX 2,520 ($40.43) price objective on the stock. RBC Capital’s price objective would suggest a potential upside of 23.95% from the stock’s previous close.
Royal Dutch Shell Plc (LON:RDSA) traded down 0.89% during mid-day trading on Monday, hitting GBX 2015.00. The stock had a trading volume of 1,456,758 shares. Royal Dutch Shell Plc has a one year low of GBX 1988.5651 and a one year high of GBX 2323.50. The stock’s 50-day moving average is GBX 0. and its 200-day moving average is GBX 0.. The company’s market cap is £126.9 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Royal Dutch Shell Plc in a research note to investors on Wednesday, October 2nd. They now have a GBX 2,200 ($35.30) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Royal Dutch Shell Plc in a research note to investors on Wednesday, September 18th. They now have a GBX 2,200 ($35.30) price target on the stock. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 2,386.76 ($38.29).
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