Royal Dutch Shell Plc Receives Consensus Rating of “Hold” from Analysts (LON:RDSB)
Royal Dutch Shell Plc (LON:RDSB) has earned an average recommendation of “Hold” from the twenty-five brokerages that are covering the company, Analyst Ratings.Net reports. Two analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and fourteen have given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 2,504.47 ($42.14).
Shares of Royal Dutch Shell Plc (LON:RDSB) traded down 1.05% during mid-day trading on Friday, hitting GBX 2503.00. The stock had a trading volume of 2,029,400 shares. Royal Dutch Shell Plc has a 52 week low of GBX 2069.50 and a 52 week high of GBX 2990.50. The stock has a 50-day moving average of GBX 2536.86 and a 200-day moving average of GBX 2419.. The company’s market cap is £158.7 billion.
A number of research firms have recently commented on RDSB. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Royal Dutch Shell Plc in a research note on Friday. They now have a GBX 2,300 ($38.70) price target 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 Jefferies Group upgraded shares of Royal Dutch Shell Plc to a “buy” rating in a research note on Friday, August 1st. They now have a GBX 2,730 ($45.94) price target on the stock.
Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company, based in the United Kingdom.
Receive News & Ratings for Royal Dutch Shell Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.