Royal Dutch Shell Plc Receives “Outperform” Rating from RBC Capital (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “outperform” rating reiterated by analysts at RBC Capital in a research report issued to clients and investors on Wednesday, Analyst Ratings News reports. They currently have a GBX 2,600 ($43.68) target price on the stock. RBC Capital’s price target would suggest a potential upside of 2.65% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Societe Generale reiterated a “hold” rating on shares of Royal Dutch Shell Plc in a research note on Monday, April 28th. They now have a GBX 2,500 ($42.00) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Royal Dutch Shell Plc in a research note on Friday, April 25th. They now have a GBX 2,650 ($44.52) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Royal Dutch Shell Plc in a research note on Friday, April 25th. They now have a GBX 2,460 ($41.33) price target on the stock. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 2,415.76 ($40.59).
Royal Dutch Shell Plc (LON:RDSB) traded up 1.14% on Wednesday, hitting GBX 2533.00. The stock had a trading volume of 4,592,519 shares. Royal Dutch Shell Plc has a 52-week low of GBX 2069.50 and a 52-week high of GBX 2990.50. The stock’s 50-day moving average is GBX 2363. and its 200-day moving average is GBX 2267.11. The company’s market cap is £160.1 billion.
Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company, based in the United Kingdom.
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