Royal Dutch Shell Plc Given “Market Perform” Rating at Sanford C. Bernstein (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “market perform” rating reiterated by investment analysts at Sanford C. Bernstein in a note issued to investors on Wednesday. They currently have a GBX 2,300 ($39.18) target price on the stock. Sanford C. Bernstein’s price target would suggest a potential downside of 9.98% from the stock’s previous close.
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2554.50 on Wednesday. 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 2503.64 and a 200-day moving average of GBX 2369.. The company’s market cap is £161.5 billion.
Several other analysts have also recently commented on the stock. Analysts at ABN Amro reiterated a “hold” rating on shares of Royal Dutch Shell Plc in a research note on Thursday, June 19th. They now have a GBX 2,203.27 ($37.53) price target on the stock. Separately, analysts at Oddo & Cie reiterated a “buy” rating on shares of Royal Dutch Shell Plc in a research note on Wednesday, June 18th. They now have a GBX 2,600 ($44.29) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Royal Dutch Shell Plc in a research note on Wednesday, June 18th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 2,433.36 ($41.45).
Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company, based in the United Kingdom.
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