Royal Dutch Shell Plc Receives “Hold” Rating from Deutsche Bank (RDSA)
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Thursday, AR Network reports. They currently have a GBX 2,400 ($40.31) price objective on the stock. Deutsche Bank’s price objective indicates a potential upside of 6.74% from the stock’s previous close.
Royal Dutch Shell Plc (LON:RDSA) traded down 0.27% during mid-day trading on Thursday, hitting GBX 2248.50. The stock had a trading volume of 3,661,967 shares. Royal Dutch Shell Plc has a 52 week low of GBX 1975.00 and a 52 week high of GBX 2308.50. The stock has a 50-day moving average of GBX 2181. and a 200-day moving average of GBX 2116.. The company’s market cap is £141.6 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Royal Dutch Shell Plc in a research note on Tuesday. They now have a GBX 2,600 ($43.67) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Royal Dutch Shell Plc in a research note on Monday, April 14th. They now have a GBX 2,660 ($44.68) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Royal Dutch Shell Plc in a research note on Monday, April 7th. They now have a GBX 2,450 ($41.15) price target on the stock. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 2,272.94 ($38.18).
Royal Dutch Shell plc (LON:RDSA) is an independent oil and gas company, based in the United Kingdom.
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