Royal Dutch Shell Plc Upgraded by BNP Paribas to Outperform (RDSB)
Royal Dutch Shell Plc (LON:RDSB) was upgraded by equities research analysts at BNP Paribas to an “outperform” rating in a research note issued to investors on Friday, AnalystRatings.Net reports.
Shares of Royal Dutch Shell Plc (LON:RDSB) traded up 1.92% on Friday, hitting GBX 2308.00. 5,227,074 shares of the company’s stock traded hands. Royal Dutch Shell Plc has a 1-year low of GBX 2069.50 and a 1-year high of GBX 2374.50. The stock has a 50-day moving average of GBX 2206.65 and a 200-day moving average of GBX 2190.. The company’s market cap is £145.0 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 Tuesday. Separately, analysts at Raymond James upgraded shares of Royal Dutch Shell Plc to an “outperform” rating in a research note to investors on Monday. They now have a GBX 2,327.66 ($38.18) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Royal Dutch Shell Plc in a research note to investors on Wednesday, December 11th. They now have a GBX 2,400 ($39.36) price target on the stock. Three research analysts have rated the stock with a sell rating, eight have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. Royal Dutch Shell Plc presently has a consensus rating of “Hold” and a consensus price target of GBX 2,103.93 ($34.51).
Royal Dutch Shell plc (LON:RDSB), incorporated on February 5, 2002, is an independent oil and gas company.
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