Royal Dutch Shell Plc PT Raised to GBX 2,550 at Credit Suisse (RDSA)
Analysts at Credit Suisse raised their price objective on shares of Royal Dutch Shell Plc (LON:RDSA) from GBX 2,450 ($41.33) to GBX 2,550 ($43.02) in a research report issued to clients and investors on Tuesday, AnalystRatingsNetwork.com reports. The firm currently has an “outperform” rating on the stock. Credit Suisse’s target price would indicate a potential upside of 7.59% from the company’s current price.
A number of other firms have also recently commented on RDSA. Analysts at Citigroup Inc. raised their price target on shares of Royal Dutch Shell Plc from GBX 2,250 ($37.96) to GBX 2,350 ($39.64) in a research note on Thursday, May 1st. They now have a “neutral” rating on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Royal Dutch Shell Plc in a research note on Tuesday, April 29th. They now have a GBX 2,660 ($44.87) price target on the stock. Finally, 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 ($44.70) price target on the stock. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the stock. Royal Dutch Shell Plc has a consensus rating of “Hold” and an average target price of GBX 2,284.71 ($38.54).
Royal Dutch Shell Plc (LON:RDSA) traded down 0.36% on Tuesday, hitting GBX 2370.00. The stock had a trading volume of 2,992,404 shares. Royal Dutch Shell Plc has a 1-year low of GBX 1975.00 and a 1-year high of GBX 2308.50. The stock’s 50-day moving average is GBX 2181. and its 200-day moving average is GBX 2116.. The company’s market cap is £149.8 billion.
Royal Dutch Shell plc (LON:RDSA) is an independent oil and gas company, based in the United Kingdom.
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