Royal Dutch Shell Plc Given Average Recommendation of “Hold” by Brokerages (LON:RDSB)
Shares of Royal Dutch Shell Plc (LON:RDSB) have been given an average rating of “Hold” by the twenty-five ratings firms that are presently covering the stock, Analyst Ratings Network reports. Two research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 2,504.47 ($42.01).
Royal Dutch Shell Plc (LON:RDSB) opened at 2524.50 on Friday. 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 2535.39 and a 200-day moving average of GBX 2423.. The company’s market cap is £160.1 billion.
Several analysts have recently commented on the stock. 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 ($38.58) 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 ($45.29) 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 ($45.80) price target on the stock.
Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company, based in the United Kingdom.
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