Royal Dutch Shell Plc’s “Overweight” Rating Reaffirmed at Barclays (RDSA)
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “overweight” rating restated by stock analysts at Barclays in a report issued on Thursday. They currently have a GBX 2,950 ($49.49) target price on the stock. Barclays’ price target indicates a potential upside of 24.16% from the stock’s previous close.
Shares of Royal Dutch Shell Plc (LON:RDSA) opened at 2380.50 on Thursday. 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 2407. and its 200-day moving average is GBX 2288.. The company’s market cap is £151.0 billion.
Other equities research analysts have also recently issued reports about the stock. 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. Seven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of GBX 2,585 ($43.37).
Royal Dutch Shell plc (LON:RDSA) is an independent oil and gas company, based in the United Kingdom.
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