Royal Dutch Shell Plc (RDSB) PT Set at GBX 2,660 by Societe Generale
Royal Dutch Shell Plc (LON:RDSB) received a GBX 2,660 ($35.10) price target from analysts at Societe Generale in a report released on Friday. The firm presently has a “neutral” rating on the stock. Societe Generale’s price objective points to a potential upside of 7.45% from the stock’s current price.
RDSB has been the subject of a number of other research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 2,500 ($32.99) price objective on shares of Royal Dutch Shell Plc in a research note on Wednesday. Jefferies Group LLC set a GBX 2,650 ($34.97) price objective on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research note on Thursday, October 19th. Morgan Stanley set a GBX 2,560 ($33.78) price objective on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research note on Monday, July 17th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 2,750 ($36.29) price objective on shares of Royal Dutch Shell Plc in a research note on Monday, October 2nd. Finally, J P Morgan Chase & Co set a GBX 2,400 ($31.67) price objective on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus 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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