Royal Dutch Shell Plc Stock Rating Reaffirmed by Goldman Sachs (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “buy” rating restated by equities research analysts at Goldman Sachs in a research note issued on Friday, AnalystRatings.Net reports. They currently have a GBX 2,500 ($41.90) price target on the stock. Goldman Sachs’ price target would suggest a potential upside of 5.26% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Royal Dutch Shell Plc in a research note on Tuesday, February 4th. They now have a GBX 2,660 ($44.58) price target on the stock. Separately, analysts at HSBC downgraded shares of Royal Dutch Shell Plc to a “neutral” rating in a research note on Monday, February 3rd. They now have a GBX 2,350 ($39.38) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Royal Dutch Shell Plc in a research note on Friday, January 31st. They now have a GBX 2,520 ($42.23) price target on the stock. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 2,255.35 ($37.80).
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2375.00 on Friday. Royal Dutch Shell Plc has a one year low of GBX 2069.50 and a one year high of GBX 2380.00. The stock’s 50-day moving average is GBX 2272.15 and its 200-day moving average is GBX 2195.33. The company’s market cap is £149.5 billion.
Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company, based in the United Kingdom.
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