Royal Dutch Shell Plc Given “Neutral” Rating at Citigroup Inc. (RDSA)
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “neutral” rating reiterated by stock analysts at Citigroup Inc. in a report issued on Thursday. They currently have a GBX 2,350 ($40.31) target price on the stock. Citigroup Inc.’s target price points to a potential downside of 0.74% from the stock’s previous close.
RDSA has been the subject of a number of other recent research reports. Analysts at Nomura upgraded shares of Royal Dutch Shell Plc to a “buy” rating in a research note on Wednesday. Separately, analysts at Deutsche Bank upgraded shares of Royal Dutch Shell Plc to a “buy” rating in a research note on Wednesday. They now have a GBX 2,850 ($48.89) price target on the stock, up previously from GBX 2,550 ($43.74). Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Royal Dutch Shell Plc in a research note on Tuesday. They now have a GBX 2,550 ($43.74) price target on the stock. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 2,338.67 ($40.11).
Royal Dutch Shell Plc (LON:RDSA) traded down 1.07% on Thursday, hitting GBX 2367.50. 4,806,873 shares of the company’s stock traded hands. 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 2382.68 and a 200-day moving average of GBX 2247.63. The company’s market cap is £149.7 billion.
Royal Dutch Shell plc (LON:RDSA) is an independent oil and gas company, based in the United Kingdom.
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