Royal Dutch Shell Plc’s “Outperform” Rating Reaffirmed at Credit Suisse (RDSA)
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “outperform” rating restated by Credit Suisse in a research note issued on Friday, StockRatingsNetwork.com reports. They currently have a GBX 2,350 ($38.72) target price on the stock. Credit Suisse’s price target suggests a potential upside of 11.72% from the company’s current price.
Several other analysts have also recently commented on the stock. 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. Separately, 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. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Royal Dutch Shell Plc in a research note to investors on Monday, January 20th. They now have a GBX 2,250 ($37.07) price target on the stock. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 2,406.33 ($39.65).
Shares of Royal Dutch Shell Plc (LON:RDSA) traded down 2.05% during mid-day trading on Friday, hitting GBX 2103.50. The stock had a trading volume of 5,227,583 shares. Royal Dutch Shell Plc has a 52 week low of GBX 1975.00 and a 52 week high of GBX 2316.6731. The stock has a 50-day moving average of GBX 2106. and a 200-day moving average of GBX 2098.. The company’s market cap is £132.1 billion.
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