BMO Capital Markets Reiterates “Outperform” Rating for Royal Dutch Shell Plc (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “outperform” rating reaffirmed by stock analysts at BMO Capital Markets in a report issued on Tuesday. They currently have a GBX 2,700 ($45.83) price target on the stock. BMO Capital Markets’ target price would suggest a potential upside of 8.26% from the stock’s previous close.
Shares of Royal Dutch Shell Plc (LON:RDSB) traded down 0.20% on Tuesday, hitting GBX 2489.00. The stock had a trading volume of 2,522,040 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 has a 50-day moving average of GBX 2498.57 and a 200-day moving average of GBX 2337.. The company’s market cap is £157.3 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 2,700 ($45.83) price target on the stock. Separately, analysts at Raymond James reiterated an “outperform” rating on shares of Royal Dutch Shell Plc in a research note on Monday. They now have a GBX 2,471.60 ($41.96) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Royal Dutch Shell Plc in a research note on Friday. They now have a GBX 2,300 ($39.04) price target on the stock. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 2,426.71 ($41.19).
Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company, based in the United Kingdom.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.