Royal Dutch Shell Plc (LON:RDSB) had its price target boosted by investment analysts at J P Morgan Chase & Co from GBX 2,400 ($31.89) to GBX 2,650 ($35.21) in a research note issued to investors on Thursday. The firm currently has an “overweight” rating on the stock. J P Morgan Chase & Co’s price target would suggest a potential upside of 12.60% from the company’s current price.

A number of other research firms have also recently commented on RDSB. Morgan Stanley set a GBX 2,560 ($34.02) price objective on Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Monday, October 2nd. Goldman Sachs Group, Inc. (The) set a GBX 2,520 ($33.48) price objective on Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Monday, September 11th. HSBC Holdings plc set a GBX 2,550 ($33.88) price objective on Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Friday, October 13th. UBS AG set a GBX 2,550 ($33.88) price objective on Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Monday, July 10th. Finally, Deutsche Bank AG set a GBX 2,450 ($32.55) price objective on Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Wednesday, October 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating and sixteen have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of GBX 2,448.68 ($32.54).

Royal Dutch Shell Plc (RDSB) traded up 0.32% on Thursday, reaching GBX 2353.50. The company’s stock had a trading volume of 4,660,748 shares. The firm has a 50-day moving average of GBX 2,254.51 and a 200 day moving average of GBX 2,169.94. Royal Dutch Shell Plc has a 12-month low of GBX 2,006.00 and a 12-month high of GBX 2,403.68. The company’s market capitalization is GBX 193.29 billion.

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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.

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

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