Royal Dutch Shell Plc Stock Rating Reaffirmed by Citigroup Inc. (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “neutral” rating restated by investment analysts at Citigroup Inc. in a note issued to investors on Tuesday, American Banking News.com reports.
Royal Dutch Shell Plc (LON:RDSB) opened at 2308.00 on Tuesday. Royal Dutch Shell Plc has a one year low of GBX 2069.50 and a one 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.
A number of other analysts have also recently weighed in on RDSB. Analysts at Raymond James upgraded shares of Royal Dutch Shell Plc to an “outperform” rating in a research note to investors on Monday, January 6th. They now have a GBX 2,327.66 ($38.18) price target on the stock. Separately, 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. Finally, analysts at JPMorgan Chase & Co. upgraded shares of Royal Dutch Shell Plc to a “neutral” rating in a research note to investors on Tuesday, December 10th. They now have a GBX 2,300 ($37.72) price target on the stock. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and an average 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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