Royal Dutch Shell Plc Given “Outperform” Rating at RBC Capital (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “outperform” rating reiterated by equities research analysts at RBC Capital in a research note issued to investors on Tuesday. They currently have a GBX 2,700 ($45.83) price objective on the stock. RBC Capital’s price target suggests a potential upside of 8.26% from the stock’s previous close.
RDSB has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Royal Dutch Shell Plc in a research note on Thursday, June 5th. They now have a GBX 2,300 ($39.04) price target on the stock. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 2,426.71 ($41.19).
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2495.00 on Tuesday. Royal Dutch Shell Plc has a 1-year low of GBX 2069.50 and a 1-year 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 £157.7 billion.
Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company, based in the United Kingdom.
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