Royal Dutch Shell Plc Rating Reiterated by Deutsche Bank (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “buy” rating reiterated by Deutsche Bank in a research note issued on Monday. They currently have a GBX 2,580 ($44.09) price target on the stock. Deutsche Bank’s target price points to a potential upside of 2.46% from the stock’s previous close.
Royal Dutch Shell Plc (LON:RDSB) traded down 0.22% on Monday, hitting GBX 2518.00. 1,742,600 shares of the company’s stock traded hands. Royal Dutch Shell Plc has a 1-year low of GBX 2069.50 and a 1-year high of GBX 2990.50. The stock’s 50-day moving average is GBX 2514. and its 200-day moving average is GBX 2397.. The company’s market cap is £159.2 billion.
RDSB has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “hold” rating on shares of Royal Dutch Shell Plc in a research note on Thursday. They now have a GBX 2,460 ($42.04) 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, July 16th. They now have a GBX 2,600 ($44.43) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Royal Dutch Shell Plc in a research note on Tuesday, July 15th. They now have a GBX 2,700 ($46.14) price target on the stock. Two analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the stock. Royal Dutch Shell Plc presently has an average rating of “Hold” and an average target price of GBX 2,470.93 ($42.22).
Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company, based in the United Kingdom.
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