Royal Dutch Shell Plc’s Buy Rating Reiterated at Deutsche Bank (RDSA)
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “buy” rating reissued by equities research analysts at Deutsche Bank in a research note issued to investors on Friday. They currently have a GBX 2,850 ($47.16) price target on the stock. Deutsche Bank’s target price points to a potential upside of 16.84% from the company’s current price.
A number of other analysts have also recently weighed in on RDSA. Analysts at Liberum Capital reiterated a “hold” rating on shares of Royal Dutch Shell Plc in a research note on Friday, August 15th. They now have a GBX 2,290 ($37.90) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Royal Dutch Shell Plc in a research note on Thursday, August 14th. They now have a GBX 2,950 ($48.82) price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Royal Dutch Shell Plc from GBX 2,600 ($43.02) to GBX 2,700 ($44.68) in a research note on Monday, August 4th. They now have an “outperform” rating on the stock. Seven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of GBX 2,563.93 ($42.43).
Shares of Royal Dutch Shell Plc (LON:RDSA) traded down 0.12% during mid-day trading on Friday, hitting GBX 2438.50. 1,116,088 shares of the company’s stock traded hands. Royal Dutch Shell Plc has a one year low of GBX 1975.00 and a one year high of GBX 2864.00. The stock has a 50-day moving average of GBX 2407.18 and a 200-day moving average of GBX 2310.37. The company’s market cap is £154.6 billion.
Royal Dutch Shell plc (LON:RDSA) is an independent oil and gas company, based in the United Kingdom.
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