Royal Dutch Shell Plc (RDSB) Given “Neutral” Rating at BNP Paribas
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “neutral” rating restated by BNP Paribas in a research report issued on Tuesday. They currently have a GBX 2,250 ($27.85) price target on the stock. BNP Paribas’ price target indicates a potential upside of 1.03% from the company’s current price.
Several other research firms have also recently weighed in on RDSB. HSBC set a GBX 2,275 ($28.16) target price on Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Wednesday, July 13th. Goldman Sachs Group Inc. set a GBX 2,290 ($28.34) target price on Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Friday, July 8th. Jefferies Group set a GBX 2,400 ($29.70) target price on Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Monday, July 11th. JPMorgan Chase & Co. increased their price target on Royal Dutch Shell Plc from GBX 1,630 ($20.17) to GBX 1,952 ($24.16) and gave the company a “neutral” rating in a research note on Thursday, July 21st. Finally, Barclays PLC reiterated an “overweight” rating and issued a GBX 2,600 ($32.18) price target on shares of Royal Dutch Shell Plc in a research note on Monday, July 18th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. Royal Dutch Shell Plc presently has an average rating of “Buy” and a consensus target price of GBX 2,027.59 ($25.09).
Royal Dutch Shell Plc (LON:RDSB) opened at 2231.50 on Tuesday. The company’s market capitalization is GBX 178.52 billion. The firm’s 50-day moving average price is GBX 1,974.35 and its 200 day moving average price is GBX 1,889.62. Royal Dutch Shell Plc has a 12-month low of GBX 1,261.03 and a 12-month high of GBX 2,251.50.
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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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