UBS AG Analysts Give Royal Dutch Shell plc (RDSB) a GBX 2,550 Price Target
Royal Dutch Shell plc (LON:RDSB) received a GBX 2,550 ($33.54) price target from investment analysts at UBS AG in a research report issued to clients and investors on Thursday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the stock. UBS AG’s price objective would suggest a potential upside of 7.19% from the company’s previous close.
A number of other research firms have also recently weighed in on RDSB. Morgan Stanley set a GBX 2,560 ($33.67) price objective on shares of Royal Dutch Shell plc and gave the company a “buy” rating in a research report on Monday, October 2nd. J P Morgan Chase & Co set a GBX 2,650 ($34.85) price objective on shares of Royal Dutch Shell plc and gave the company a “buy” rating in a research report on Friday, November 3rd. Macquarie reissued a “neutral” rating and issued a GBX 2,150 ($28.28) price objective on shares of Royal Dutch Shell plc in a research report on Thursday, October 26th. Deutsche Bank AG upped their price objective on shares of Royal Dutch Shell plc from GBX 2,450 ($32.22) to GBX 2,675 ($35.18) and gave the company a “buy” rating in a research report on Monday, November 6th. Finally, Goldman Sachs Group, Inc. (The) set a GBX 2,520 ($33.14) price objective on shares of Royal Dutch Shell plc and gave the company a “buy” rating in a research report on Monday, September 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have given a buy rating to the company. Royal Dutch Shell plc currently has an average rating of “Buy” and an average price target of GBX 2,548.89 ($33.52).
Royal Dutch Shell plc (LON:RDSB) opened at GBX 2,379 ($31.29) on Thursday. Royal Dutch Shell plc has a 12-month low of GBX 2,012 ($26.46) and a 12-month high of GBX 2,580.53 ($33.94).
ILLEGAL ACTIVITY NOTICE: This report was first reported by American Banking News and is the property of of American Banking News. If you are accessing this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright legislation. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/11/23/ubs-ag-analysts-give-royal-dutch-shell-plc-rdsb-a-gbx-2550-price-target-2.html.
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.
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.