Royal Dutch Shell Plc’s “Buy” Rating Reaffirmed at Goldman Sachs (RDSA)
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “buy” rating reiterated by research analysts at Goldman Sachs in a report released on Friday. They currently have a GBX 2,500 ($42.45) price target on the stock. Goldman Sachs’ price target would indicate a potential upside of 3.65% from the stock’s previous close.
Royal Dutch Shell Plc (LON:RDSA) traded down 1.19% during mid-day trading on Friday, hitting GBX 2412.00. 3,652,479 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 2407.14 and a 200-day moving average of GBX 2275.. The company’s market cap is £153.0 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group upgraded shares of Royal Dutch Shell Plc to a “buy” rating in a research note on Friday. They now have a GBX 2,730 ($46.36) price target on the stock, up previously from GBX 2,460 ($41.77). Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Royal Dutch Shell Plc in a research note on Friday. They now have a GBX 2,850 ($48.40) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Royal Dutch Shell Plc in a research note on Monday, July 28th. They now have a GBX 2,950 ($50.09) price target on the stock. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 2,558.93 ($43.45).
Royal Dutch Shell plc (LON:RDSA) is an independent oil and gas company, based in the United Kingdom.
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