Royal Dutch Shell Plc (RDSB) PT Set at GBX 2,225 by Goldman Sachs Group Inc.
Royal Dutch Shell Plc (LON:RDSB) received a GBX 2,225 ($29.04) target price from equities research analysts at Goldman Sachs Group Inc. in a research note issued to investors on Wednesday. The brokerage currently has a a “buy” rating on the stock. Goldman Sachs Group Inc.’s target price would indicate a potential upside of 2.65% from the stock’s previous close.
RDSB has been the topic of a number of other research reports. Barclays PLC reissued an “overweight” rating and issued a GBX 2,600 ($33.94) price target on shares of Royal Dutch Shell Plc in a research report on Friday, July 29th. Societe Generale set a GBX 2,500 ($32.63) price objective on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Thursday, July 7th. Deutsche Bank AG set a GBX 2,135 ($27.87) price objective on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Monday, July 25th. Morgan Stanley set a GBX 2,280 ($29.76) price objective on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Wednesday, June 8th. Finally, Liberum Capital restated a “buy” rating and issued a GBX 2,071 ($27.03) price objective on shares of Royal Dutch Shell Plc in a research note on Thursday, July 28th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of GBX 2,010.92 ($26.25).
Royal Dutch Shell Plc (LON:RDSB) traded up 2.14% during mid-day trading on Wednesday, hitting GBX 2167.50. 7,484,272 shares of the company were exchanged. The company’s market cap is GBX 173.40 billion. The stock’s 50 day moving average is GBX 1,969.69 and its 200-day moving average is GBX 1,883.43. Royal Dutch Shell Plc has a 12-month low of GBX 1,261.03 and a 12-month high of GBX 2,188.50.
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About Royal Dutch Shell Plc
Royal Dutch Shell plc (Shell) is an independent oil and gas company. The Company explores for crude oil and natural gas across the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company is engaged in the principal aspects of the oil and gas industry in approximately 70 countries.
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