Credit Suisse Reaffirms Outperform Rating for Royal Dutch Shell Plc (RDSA)
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “outperform” rating restated by equities research analysts at Credit Suisse in a research note issued to investors on Monday. They currently have a GBX 2,700 ($44.81) target price on the stock. Credit Suisse’s price objective would indicate a potential upside of 10.75% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Royal Dutch Shell Plc in a research note on Friday. They now have a GBX 2,850 ($47.30) price target on the stock. Separately, 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 ($38.00) price target on the stock. Finally, 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 ($48.95) price target on the stock. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Royal Dutch Shell Plc presently has a consensus rating of “Buy” and a consensus target price of GBX 2,563.93 ($42.55).
Shares of Royal Dutch Shell Plc (LON:RDSA) opened at 2443.50 on Monday. Royal Dutch Shell Plc has a 52-week low of GBX 1975.00 and a 52-week high of GBX 2864.00. The stock has a 50-day moving average of GBX 2408.40 and a 200-day moving average of GBX 2311.. The company’s market cap is £155.0 billion.
Royal Dutch Shell plc (LON:RDSA) 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.