BNP Paribas Upgrades Royal Dutch Shell Plc to “Outperform” (RDSA)
Royal Dutch Shell Plc (LON:RDSA) was upgraded by equities researchers at BNP Paribas to an “outperform” rating in a research report issued on Friday, StockRatingsNetwork.com reports. The firm currently has a GBX 2,650 ($43.46) price target on the stock. BNP Paribas’ price objective indicates a potential upside of 23.54% from the company’s current price.
Royal Dutch Shell Plc (LON:RDSA) opened at 2189.50 on Friday. Royal Dutch Shell Plc has a 1-year low of GBX 1975.00 and a 1-year high of GBX 2323.50. The stock has a 50-day moving average of GBX 2091.64 and a 200-day moving average of GBX 2094.16. The company’s market cap is £137.5 billion.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Royal Dutch Shell Plc in a research note to investors on Tuesday. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Royal Dutch Shell Plc in a research note to investors on Tuesday, December 17th. They now have a GBX 2,650 ($43.46) price target on the stock. Finally, analysts at Barclays raised their price target on shares of Royal Dutch Shell Plc from GBX 2,410 ($39.53) to GBX 2,650 ($43.46) in a research note to investors on Monday, December 9th. They now have an “overweight” rating on the stock. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company. Royal Dutch Shell Plc currently has an average rating of “Hold” and an average price target of GBX 2,422.48 ($39.73).
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