Royal Dutch Shell Plc Rating Reiterated by Credit Suisse (RDSA)
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Credit Suisse in a research note issued to investors on Wednesday. They currently have a GBX 2,550 ($43.29) price target on the stock. Credit Suisse’s price target suggests a potential upside of 7.53% from the stock’s previous close.
Royal Dutch Shell Plc (LON:RDSA) traded up 1.52% during mid-day trading on Wednesday, hitting GBX 2407.50. The stock had a trading volume of 3,469,023 shares. Royal Dutch Shell Plc has a 52 week low of GBX 1975.00 and a 52 week high of GBX 2864.00. 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 £152.2 billion.
A number of other firms have also recently commented on RDSA. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Royal Dutch Shell Plc in a research note on Thursday, June 12th. They now have a GBX 2,550 ($43.29) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Royal Dutch Shell Plc in a research note on Friday, May 9th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 2,305.63 ($39.14).
Royal Dutch Shell plc (LON:RDSA) is an independent oil and gas company, based in the United Kingdom.
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