Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “buy” rating reissued by investment analysts at HSBC Holdings plc in a research note issued to investors on Monday. They presently have a GBX 2,500 ($33.22) price objective on the stock. HSBC Holdings plc’s price target suggests a potential upside of 9.15% from the stock’s previous close.

RDSA has been the topic of several other research reports. Morgan Stanley restated an “overweight” rating on shares of Royal Dutch Shell Plc in a research report on Monday, July 17th. Barclays PLC reiterated an “overweight” rating and set a GBX 2,750 ($36.54) price objective on shares of Royal Dutch Shell Plc in a research report on Tuesday, September 19th. Credit Suisse Group reiterated an “outperform” rating and set a GBX 2,500 ($33.22) price objective on shares of Royal Dutch Shell Plc in a research report on Friday, June 23rd. Macquarie reiterated a “neutral” rating and set a GBX 2,150 ($28.57) price objective on shares of Royal Dutch Shell Plc in a research report on Monday, July 24th. Finally, Deutsche Bank AG lifted their price objective on shares of Royal Dutch Shell Plc from GBX 2,400 ($31.89) to GBX 2,450 ($32.55) and gave the stock a “buy” rating in a research report on Monday, September 4th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 2,405 ($31.96).

Shares of Royal Dutch Shell Plc (RDSA) traded down 0.07% during midday trading on Monday, hitting GBX 2289.00. The company had a trading volume of 3,690,471 shares. The company has a 50-day moving average of GBX 2,195.56 and a 200 day moving average of GBX 2,121.46. Royal Dutch Shell Plc has a 12 month low of GBX 1,922.50 and a 12 month high of GBX 2,320.00.

ILLEGAL ACTIVITY WARNING: “Royal Dutch Shell Plc (RDSA) Earns “Buy” Rating from HSBC Holdings plc” was originally published by American Banking News and is owned by of American Banking News. If you are viewing this story on another domain, it was stolen and reposted in violation of US & international copyright and trademark law. The legal version of this story can be read at https://www.americanbankingnews.com/2017/10/17/royal-dutch-shell-plc-rdsa-earns-buy-rating-from-hsbc-holdings-plc.html.

Analyst Recommendations for Royal Dutch Shell Plc (LON:RDSA)

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.