Royal Dutch Shell Plc Stock Rating Reaffirmed by Goldman Sachs Group Inc. (RDSA)
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “buy” rating reiterated by stock analysts at Goldman Sachs Group Inc. in a report issued on Friday, ARN reports. They currently have a GBX 2,500 ($41.19) price target on the stock. Goldman Sachs Group Inc.’s price target suggests a potential upside of 18.85% from the company’s current price.
Royal Dutch Shell Plc (LON:RDSA) traded down 2.05% on Friday, hitting GBX 2103.50. 5,227,583 shares of the company’s stock traded hands. 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.
Several other analysts have also recently commented on the stock. 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. Separately, 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. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Royal Dutch Shell Plc in a research note to investors on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 2,406.33 ($39.65).
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