Royal Dutch Shell Plc’s “Market Perform” Rating Reiterated at Sanford C. Bernstein (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “market perform” rating restated by research analysts at Sanford C. Bernstein in a report released on Monday. They currently have a GBX 2,300 ($38.17) target price on the stock. Sanford C. Bernstein’s target price points to a potential downside of 9.64% from the company’s current price.
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2549.00 on Monday. Royal Dutch Shell Plc has a 52 week low of GBX 2069.50 and a 52 week high of GBX 2990.50. The stock’s 50-day moving average is GBX 2524.67 and its 200-day moving average is GBX 2448.15. The company’s market cap is £161.6 billion.
RDSB has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Royal Dutch Shell Plc in a research note on Monday. Separately, 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 ($44.81) price target on the stock. Finally, 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 ($40.08) price target on the stock. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and fourteen have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 2,503.97 ($41.55).
Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company, based in the United Kingdom.
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