Royal Dutch Shell Plc Stock Rating Reaffirmed by Raymond James (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “outperform” rating reaffirmed by analysts at Raymond James in a research report issued to clients and investors on Friday, ARN reports. They currently have a GBX 2,317.06 ($38.18) price target on the stock. Raymond James’ price target suggests a potential upside of 0.48% from the company’s current price.
Royal Dutch Shell Plc (LON:RDSB) traded down 1.15% during mid-day trading on Friday, hitting GBX 2279.50. The stock had a trading volume of 13,072,074 shares. 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 2221.82 and a 200-day moving average of GBX 2195.. The company’s market cap is £143.2 billion.
A number of other analysts have also recently weighed in on RDSB. Analysts at Nomura raised their price target on shares of Royal Dutch Shell Plc from GBX 2,300 ($37.90) to GBX 2,350 ($38.73) in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Royal Dutch Shell Plc in a research note to investors on Monday. They now have a GBX 2,660 ($43.84) price target on the stock. Finally, analysts at BNP Paribas upgraded shares of Royal Dutch Shell Plc to an “outperform” rating in a research note to investors on Friday, January 10th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Royal Dutch Shell Plc has an average rating of “Hold” and an average target price of GBX 2,106.40 ($34.71).
Royal Dutch Shell plc (LON:RDSB), incorporated on February 5, 2002, is an independent oil and gas company.
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