Royal Dutch Shell Plc Given Average Rating of “Buy” by Brokerages (LON:RDSA)
Shares of Royal Dutch Shell Plc (LON:RDSA) have received a consensus rating of “Buy” from the eighteen analysts that are covering the company, American Banking News reports. Seven research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 2,585 ($43.37).
Shares of Royal Dutch Shell Plc (LON:RDSA) opened at 2399.00 on Friday. 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 2410. and a 200-day moving average of GBX 2285.. The company’s market cap is £152.1 billion.
A number of research firms have recently commented on RDSA. Analysts at Credit Suisse raised their price target on shares of Royal Dutch Shell Plc from GBX 2,600 ($43.62) to GBX 2,700 ($45.29) in a research note on Monday, August 4th. 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 ($45.29) 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 ($41.94) price target on the stock.
Royal Dutch Shell plc (LON:RDSA) is an independent oil and gas company, based in the United Kingdom.
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