Royal Dutch Shell PLC (RDS.A) Given a $65.00 Price Target at Jefferies Group LLC
Royal Dutch Shell PLC (NYSE:RDS.A) has been assigned a $65.00 target price by investment analysts at Jefferies Group LLC in a research report issued on Friday. The firm currently has a “buy” rating on the energy company’s stock.
RDS.A has been the topic of a number of other research reports. Scotiabank set a $54.00 price objective on Royal Dutch Shell PLC and gave the stock a “hold” rating in a research note on Tuesday, August 8th. Zacks Investment Research upgraded Royal Dutch Shell PLC from a “sell” rating to a “hold” rating in a research note on Monday, August 7th. Macquarie lowered Royal Dutch Shell PLC from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 21st. BNP Paribas upgraded Royal Dutch Shell PLC from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $47.00 to $57.00 in a research note on Monday, May 29th. Finally, Exane BNP Paribas upgraded Royal Dutch Shell PLC from a “neutral” rating to an “outperform” rating in a research note on Friday, May 26th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the stock. Royal Dutch Shell PLC has a consensus rating of “Buy” and an average price target of $57.13.
About Royal Dutch Shell PLC
The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.
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