Royal Dutch Shell Plc Receives “Outperform” Rating from RBC Capital (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “outperform” rating reiterated by research analysts at RBC Capital in a report released on Friday, Analyst Ratings News reports. They currently have a GBX 2,520 ($41.52) price target on the stock. RBC Capital’s price target would indicate a potential upside of 13.26% from the company’s current price.
Royal Dutch Shell Plc (LON:RDSB) traded down 1.83% on Friday, hitting GBX 2225.00. 4,968,568 shares of the company’s stock traded hands. Royal Dutch Shell Plc has a one year low of GBX 2069.50 and a one year high of GBX 2362.00. The stock’s 50-day moving average is GBX 2255. and its 200-day moving average is GBX 2198.. The company’s market cap is £139.8 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James reiterated an “outperform” rating on shares of Royal Dutch Shell Plc in a research note to investors on Friday. They now have a GBX 2,302.87 ($37.94) price target on the stock. Separately, 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. Finally, 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. Three equities 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 given a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 2,146.92 ($35.38).
Royal Dutch Shell plc (LON:RDSB), incorporated on February 5, 2002, is an independent oil and gas company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.