Royal Dutch Shell Plc (RDSB) Given a GBX 2,380 Price Target at HSBC
Royal Dutch Shell Plc (LON:RDSB) has been given a GBX 2,380 ($29.46) price target by research analysts at HSBC in a note issued to investors on Tuesday. The brokerage currently has a a “buy” rating on the stock. HSBC’s price target points to a potential upside of 6.87% from the stock’s previous close.
Several other research analysts also recently commented on the stock. BNP Paribas reiterated a “neutral” rating and issued a GBX 2,250 ($27.85) target price on shares of Royal Dutch Shell Plc in a report on Tuesday. Goldman Sachs Group Inc. set a GBX 2,225 ($27.54) price objective on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a report on Wednesday, October 5th. Panmure Gordon restated a “buy” rating and set a GBX 2,300 ($28.47) price objective on shares of Royal Dutch Shell Plc in a report on Wednesday, October 5th. Royal Bank Of Canada restated a “sector performer” rating and set a GBX 2,100 ($25.99) price objective on shares of Royal Dutch Shell Plc in a report on Tuesday, October 4th. Finally, Barclays PLC restated an “outperform” rating and set a GBX 2,850 ($35.27) price objective on shares of Royal Dutch Shell Plc in a report on Thursday, August 25th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of GBX 2,036.11 ($25.20).
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2232.50 on Tuesday. Royal Dutch Shell Plc has a 52 week low of GBX 1,261.03 and a 52 week high of GBX 2,251.50. The firm’s market cap is GBX 178.60 billion. The firm has a 50 day moving average of GBX 1,974.35 and a 200 day moving average of GBX 1,889.62.
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Royal Dutch Shell Plc Company Profile
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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