Royal Dutch Shell Plc Stock Rating Reaffirmed by Citigroup Inc. (RDSA)
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “neutral” rating restated by investment analysts at Citigroup Inc. in a note issued to investors on Friday, American Banking & Market News reports. They currently have a GBX 2,250 ($37.07) target price on the stock. Citigroup Inc.’s price target would suggest a potential upside of 6.96% from the stock’s previous close.
Shares of Royal Dutch Shell Plc (LON:RDSA) opened at 2103.50 on Friday. Royal Dutch Shell Plc has a 52 week low of GBX 1975.00 and a 52 week high of GBX 2316.6731. The stock’s 50-day moving average is GBX 2106. and its 200-day moving average is GBX 2098.. The company’s market cap is £132.1 billion.
A number of other analysts have also recently weighed in on RDSA. Analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Royal Dutch Shell Plc in a research note to investors on Friday. They now have a GBX 2,500 ($41.19) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Royal Dutch Shell Plc in a research note to investors on Friday. They now have a GBX 2,350 ($38.72) price target on the stock. Finally, analysts at ING Group reiterated a “buy” rating on shares of Royal Dutch Shell Plc in a research note to investors on Thursday, January 23rd. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 2,406.33 ($39.65).
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