Raymond James Reiterates “Outperform” Rating for Royal Dutch Shell Plc (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “outperform” rating restated by Raymond James in a research note issued on Friday, Stock Ratings Network reports. They currently have a GBX 2,302.87 ($37.94) price objective on the stock. Raymond James’ target price indicates a potential upside of 1.60% from the stock’s previous close.
Royal Dutch Shell Plc (LON:RDSB) opened at 2254.00 on Friday. Royal Dutch Shell Plc has a 52-week low of GBX 2069.50 and a 52-week high of GBX 2362.00. The stock has a 50-day moving average of GBX 2253.63 and a 200-day moving average of GBX 2197.82. The company’s market cap is £141.6 billion.
RDSB has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Royal Dutch Shell Plc in a research note to investors on Friday. They now have a GBX 2,650 ($43.66) 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 Friday. They now have a GBX 2,400 ($39.55) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Royal Dutch Shell Plc in a research note to investors on Thursday. They now have a GBX 2,650 ($43.66) price target on the stock. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 2,149.09 ($35.41).
Royal Dutch Shell plc (LON:RDSB), incorporated on February 5, 2002, is an independent oil and gas company.
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