Royal Dutch Shell Plc Stock Rating Reaffirmed by BMO Capital Markets (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “outperform” rating reaffirmed by equities research analysts at BMO Capital Markets in a research note issued to investors on Friday. They currently have a GBX 2,700 ($45.29) price objective on the stock. BMO Capital Markets’ price target suggests a potential upside of 9.00% from the stock’s previous close.
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2506.50 on Friday. Royal Dutch Shell Plc has a 1-year low of GBX 2069.50 and a 1-year high of GBX 2990.50. The stock’s 50-day moving average is GBX 2530.82 and its 200-day moving average is GBX 2427.. The company’s market cap is £159.0 billion.
RDSB has been the subject of a number of other recent research reports. Analysts at HSBC reiterated a “neutral” rating on shares of Royal Dutch Shell Plc in a research note on Tuesday. They now have a GBX 2,415 ($40.51) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Royal Dutch Shell Plc in a research note on Friday, August 8th. They now have a GBX 2,300 ($38.58) price target on the stock. Finally, 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. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and fourteen have issued a buy rating to the stock. Royal Dutch Shell Plc currently has an average rating of “Hold” and a consensus target price of GBX 2,507.42 ($42.06).
Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company, based in the United Kingdom.