Royal Dutch Shell Plc Stock Rating Reaffirmed by Deutsche Bank (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “hold” rating restated by analysts at Deutsche Bank in a research report issued to clients and investors on Friday, American Banking News reports. They currently have a GBX 2,400 ($39.55) price objective on the stock. Deutsche Bank’s price objective indicates a potential upside of 7.87% from the stock’s previous close.
A number of other analysts have also recently weighed in on RDSB. 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. Separately, 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. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Royal Dutch Shell Plc in a research note to investors on Wednesday. They now have a GBX 2,200 ($36.25) price target on the stock. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. Royal Dutch Shell Plc has a consensus rating of “Hold” and an average price target of GBX 2,146.92 ($35.38).
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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