Royal Dutch Shell Plc Receives Consensus Rating of “Buy” from Analysts (LON:RDSA)
Shares of Royal Dutch Shell Plc (LON:RDSA) have been given a consensus rating of “Buy” by the nineteen brokerages that are covering the stock, AnalystRatings.NET reports. Eight investment analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 2,566.07 ($43.18).
RDSA has been the subject of a number of recent research reports. Analysts at Credit Suisse raised their price target on shares of Royal Dutch Shell Plc from GBX 2,600 ($43.75) to GBX 2,700 ($45.43) in a research note on Monday. They now have an “outperform” rating on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Royal Dutch Shell Plc in a research note on Friday, August 1st. They now have a GBX 2,700 ($45.43) price target on the stock. Finally, analysts at Goldman Sachs reiterated a “buy” rating on shares of Royal Dutch Shell Plc in a research note on Friday, August 1st. They now have a GBX 2,500 ($42.07) price target on the stock.
Shares of Royal Dutch Shell Plc (LON:RDSA) traded down 0.98% during mid-day trading on Friday, hitting GBX 2380.50. 1,860,149 shares of the company’s stock traded hands. Royal Dutch Shell Plc has a 1-year low of GBX 1975.00 and a 1-year high of GBX 2864.00. The stock’s 50-day moving average is GBX 2412.08 and its 200-day moving average is GBX 2282.. The company’s market cap is £151.0 billion.
Royal Dutch Shell plc (LON:RDSA) is an independent oil and gas company, based in the United Kingdom.
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