Royal Dutch Shell Plc (RDSB) Given a GBX 2,580 Price Target by Goldman Sachs Group, Inc. (The) Analysts
Royal Dutch Shell Plc (LON:RDSB) has been given a GBX 2,580 ($34.05) price target by equities researchers at Goldman Sachs Group, Inc. (The) in a research note issued on Friday. The firm currently has a “buy” rating on the stock. Goldman Sachs Group, Inc. (The)’s target price suggests a potential upside of 4.45% from the company’s previous close.
Other equities analysts have also recently issued reports about the stock. UBS AG set a GBX 2,550 ($33.65) target price on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a report on Tuesday, August 15th. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 2,850 ($37.61) target price on shares of Royal Dutch Shell Plc in a report on Friday. J P Morgan Chase & Co set a GBX 2,650 ($34.97) target price on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a report on Friday. Societe Generale set a GBX 2,660 ($35.10) target price on shares of Royal Dutch Shell Plc and gave the company a “neutral” rating in a report on Friday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 2,500 ($32.99) target price on shares of Royal Dutch Shell Plc in a report on Monday, October 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of GBX 2,497.06 ($32.95).
Royal Dutch Shell Plc Company Profile
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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