Royal Dutch Shell Plc’s (RDSB) “Overweight” Rating Reiterated at Morgan Stanley
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “overweight” rating reiterated by stock analysts at Morgan Stanley in a research report issued to clients and investors on Monday.
A number of other brokerages have also recently weighed in on RDSB. S&P Global Inc. set a GBX 1,950 ($24.13) price target on Royal Dutch Shell Plc and gave the stock a “neutral” rating in a research note on Thursday, July 28th. Royal Bank Of Canada reissued a “sector performer” rating and issued a GBX 2,100 ($25.99) price target on shares of Royal Dutch Shell Plc in a research note on Tuesday, September 6th. HSBC dropped their price target on Royal Dutch Shell Plc from GBX 2,250 ($27.85) to GBX 2,150 ($26.61) and set a “buy” rating on the stock in a research note on Tuesday, September 27th. Jefferies Group set a GBX 2,400 ($29.70) price objective on Royal Dutch Shell Plc and gave the stock a “buy” rating in a research report on Monday, July 11th. Finally, Barclays PLC restated an “overweight” rating and set a GBX 2,450 ($30.32) price objective on shares of Royal Dutch Shell Plc in a research report on Thursday, June 23rd. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of GBX 2,036.11 ($25.20).
Royal Dutch Shell Plc (LON:RDSB) opened at 2156.50 on Monday. The stock’s 50 day moving average is GBX 1,998.16 and its 200-day moving average is GBX 1,899.30. Royal Dutch Shell Plc has a 1-year low of GBX 1,261.03 and a 1-year high of GBX 2,251.50. The firm’s market capitalization is GBX 172.52 billion.
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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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