Royal Dutch Shell Plc (RDSB) Given Overweight Rating at Morgan Stanley
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “overweight” rating reaffirmed by stock analysts at Morgan Stanley in a report released on Monday.
Other equities analysts have also issued reports about the stock. Goldman Sachs Group Inc. set a GBX 2,250 ($27.85) price target on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Friday, July 29th. S&P Global Inc. set a GBX 1,950 ($24.13) price target on shares of Royal Dutch Shell Plc and gave the company a “neutral” rating in a research report on Thursday, July 28th. Credit Suisse Group AG set a GBX 2,150 ($26.61) price target on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Friday, July 29th. BNP Paribas restated a “neutral” rating and issued a GBX 2,250 ($27.85) price target on shares of Royal Dutch Shell Plc in a research report on Tuesday, October 11th. Finally, Royal Bank Of Canada restated a “sector performer” rating and issued a GBX 2,100 ($25.99) price target on shares of Royal Dutch Shell Plc in a research report on Tuesday, October 4th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. Royal Dutch Shell Plc has a consensus rating of “Buy” and a consensus price target of GBX 2,036.11 ($25.20).
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2161.00 on Monday. Royal Dutch Shell Plc has a one year low of GBX 1,261.03 and a one year high of GBX 2,251.50. The company’s market capitalization is GBX 172.88 billion. The company’s 50-day moving average is GBX 1,998.16 and its 200-day moving average is GBX 1,899.30.
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/2016/10/17/royal-dutch-shell-plc-rdsb-given-overweight-rating-at-morgan-stanley.html
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.
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.