Royal Dutch Shell Plc (RDSA) Stock Rating Reaffirmed by Citigroup Inc.
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “neutral” rating reissued by analysts at Citigroup Inc. in a report issued on Thursday.
Several other brokerages have also commented on RDSA. Jefferies Group upped their price target on Royal Dutch Shell Plc from GBX 2,040 ($25.25) to GBX 2,400 ($29.70) and gave the company a “buy” rating in a research note on Monday, July 11th. HSBC reaffirmed a “buy” rating and issued a GBX 2,180 ($26.98) price target on shares of Royal Dutch Shell Plc in a research note on Wednesday, September 7th. Barclays PLC reaffirmed 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 Tuesday, October 4th. Canaccord Genuity reaffirmed a “hold” rating and issued a GBX 1,830 ($22.65) price target on shares of Royal Dutch Shell Plc in a research note on Tuesday, September 6th. Finally, Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 2,070 ($25.62) price target on shares of Royal Dutch Shell Plc in a research note on Monday, July 4th. Three investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 2,067.24 ($25.58).
Royal Dutch Shell Plc (LON:RDSA) traded down 0.89% during trading on Thursday, reaching GBX 2065.50. The company’s stock had a trading volume of 3,409,252 shares. The stock has a 50 day moving average price of GBX 1,900.74 and a 200 day moving average price of GBX 1,853.55. Royal Dutch Shell Plc has a 1-year low of GBX 1,256.00 and a 1-year high of GBX 2,140.00.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/13/royal-dutch-shell-plc-rdsa-given-neutral-rating-at-citigroup-inc.html
Royal Dutch Shell Plc Company Profile
Royal Dutch Shell plc (Shell) is an independent oil and gas company, based in the United Kingdom. It operates in three segments: Upstream, Downstream and Corporate. Upstream combines the operating segments Upstream International and Upstream Americas, which are engaged in searching for and recovering crude oil and natural gas, the liquefaction and transportation of gas, the extraction of bitumen from oil sands and converting it into synthetic crude oil, and wind energy.
Receive News & Ratings for Royal Dutch Shell Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell Plc and related companies with MarketBeat.com's FREE daily email newsletter.