Royal Dutch Shell Plc (RDSB) Given a GBX 2,220 Price Target at Deutsche Bank AG
Royal Dutch Shell Plc (LON:RDSB) has been assigned a GBX 2,220 ($27.06) target price by research analysts at Deutsche Bank AG in a report released on Tuesday. The firm presently has a a “buy” rating on the stock. Deutsche Bank AG’s target price would suggest a potential upside of 3.47% from the company’s previous close.
RDSB has been the topic of several other research reports. Barclays PLC reissued an “overweight” rating and issued a GBX 2,600 ($31.69) price objective on shares of Royal Dutch Shell Plc in a research note on Monday, July 18th. Panmure Gordon reissued a “buy” rating and issued a GBX 2,300 ($28.03) price objective on shares of Royal Dutch Shell Plc in a research note on Wednesday, October 5th. Goldman Sachs Group Inc. reaffirmed a “buy” rating and set a GBX 2,185 ($26.63) target price on shares of Royal Dutch Shell Plc in a research report on Monday, June 27th. HSBC reaffirmed a “buy” rating and set a GBX 2,250 ($27.42) target price (down previously from GBX 2,275 ($27.73)) on shares of Royal Dutch Shell Plc in a research report on Tuesday, August 2nd. Finally, Royal Bank Of Canada reaffirmed a “sector performer” rating and set a GBX 2,100 ($25.59) target price on shares of Royal Dutch Shell Plc in a research report on Tuesday, October 4th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Royal Dutch Shell Plc has an average rating of “Buy” and a consensus target price of GBX 2,039.25 ($24.85).
Royal Dutch Shell Plc (LON:RDSB) opened at 2161.00 on Tuesday. The stock’s market cap is GBX 172.88 billion. 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 stock has a 50 day moving average price of GBX 2,004.36 and a 200 day moving average price of GBX 1,905.41.
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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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