Royal Dutch Shell Plc Stock Rating Reaffirmed by Sanford C. Bernstein (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “market perform” rating reissued by equities researchers at Sanford C. Bernstein in a research report issued on Friday. They currently have a GBX 2,300 ($38.45) price target on the stock. Sanford C. Bernstein’s price objective suggests a potential downside of 8.13% from the stock’s previous close.
RDSB has been the subject of a number of other recent research reports. Analysts at BMO Capital Markets reiterated an “outperform” rating on shares of Royal Dutch Shell Plc in a research note on Friday, August 15th. They now have a GBX 2,700 ($45.14) price target on the stock. Separately, analysts at HSBC reiterated a “neutral” rating on shares of Royal Dutch Shell Plc in a research note on Tuesday, August 12th. They now have a GBX 2,415 ($40.37) 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 ($45.14) price target on the stock. Two analysts have rated the stock with a sell rating, nine have given a hold rating and fourteen have assigned a buy rating to the company. Royal Dutch Shell Plc presently has an average rating of “Hold” and an average target price of GBX 2,507.42 ($41.92).
Royal Dutch Shell Plc (LON:RDSB) opened at 2497.50 on Friday. Royal Dutch Shell Plc has a one year low of GBX 2069.50 and a one year high of GBX 2990.50. The stock has a 50-day moving average of GBX 2527.41 and a 200-day moving average of GBX 2436.. The company’s market cap is £158.4 billion.
Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company, based in the United Kingdom.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.