Oddo & Cie Reiterates “Buy” Rating for Royal Dutch Shell Plc (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “buy” rating reaffirmed by stock analysts at Oddo & Cie in a report issued on Tuesday. They currently have a GBX 2,600 ($43.15) target price on the stock. Oddo & Cie’s price objective suggests a potential upside of 1.80% from the stock’s previous close.
A number of other firms have also recently commented on RDSB. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Royal Dutch Shell Plc in a research note on Monday. They now have a GBX 2,300 ($38.17) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Royal Dutch Shell Plc in a research note on Monday. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and fourteen have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of GBX 2,503.97 ($41.55).
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2549.00 on Tuesday. Royal Dutch Shell Plc has a 52-week low of GBX 2069.50 and a 52-week high of GBX 2990.50. The stock has a 50-day moving average of GBX 2525.82 and a 200-day moving average of GBX 2452.90. The company’s market cap is £161.6 billion.
Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company, based in the United Kingdom.
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