BNP Paribas Reiterates Outperform Rating for Royal Dutch Shell Plc (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “outperform” rating reiterated by equities researchers at BNP Paribas in a research report issued on Friday, AnalystRatingsNetwork.com reports. They currently have a GBX 2,650 ($43.66) target price on the stock. BNP Paribas’ price target would indicate a potential upside of 19.10% from the company’s current price.
A number of other analysts have also recently weighed in on RDSB. 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. Separately, 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. Finally, analysts at Investec cut their price target on shares of Royal Dutch Shell Plc from GBX 2,300 ($37.90) to GBX 2,250 ($37.07) in a research note to investors on Thursday. They now have a “hold” rating on the stock. Three analysts have rated the stock with a sell rating, ten have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 2,146.92 ($35.38).
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2225.00 on Friday. Royal Dutch Shell Plc has a one year low of GBX 2069.50 and a one year high of GBX 2362.00. The stock has a 50-day moving average of GBX 2255. and a 200-day moving average of GBX 2198.. The company’s market cap is £139.8 billion.
Royal Dutch Shell plc (LON:RDSB), incorporated on February 5, 2002, is an independent oil and gas company.
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