Royal Dutch Shell Plc’s Outperform Rating Reaffirmed at Credit Suisse (RDSA)
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “outperform” rating reiterated by investment analysts at Credit Suisse in a note issued to investors on Tuesday. They currently have a GBX 2,550 ($43.74) target price on the stock. Credit Suisse’s price target would indicate a potential upside of 6.29% from the stock’s previous close.
A number of other firms have also recently commented on RDSA. Analysts at Barclays reiterated an “overweight” rating on shares of Royal Dutch Shell Plc in a research note on Thursday, July 3rd. They now have a GBX 2,950 ($50.60) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Royal Dutch Shell Plc in a research note on Wednesday, June 25th. They now have a GBX 2,350 ($40.31) price target on the stock. Finally, 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 ($43.74) price target on the stock. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 2,323.75 ($39.86).
Royal Dutch Shell Plc (LON:RDSA) opened at 2409.9001 on Tuesday. 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 £152.3 billion.
Royal Dutch Shell plc (LON:RDSA) is an independent oil and gas company, based in the United Kingdom.
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