Royal Dutch Shell (LON:RDSB) has been given a GBX 2,700 ($36.16) price target by equities research analysts at HSBC in a research note issued to investors on Thursday. The brokerage currently has a “neutral” rating on the stock. HSBC’s target price suggests a potential upside of 13.04% from the company’s current price.

RDSB has been the subject of a number of other reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 2,500 ($33.48) target price on shares of Royal Dutch Shell in a research report on Wednesday, November 1st. Deutsche Bank lifted their target price on Royal Dutch Shell from GBX 2,675 ($35.82) to GBX 2,700 ($36.16) and gave the company a “buy” rating in a research report on Wednesday. Jefferies Group set a GBX 2,650 ($35.49) target price on Royal Dutch Shell and gave the company a “buy” rating in a research report on Thursday, October 19th. Barclays reaffirmed an “overweight” rating and set a GBX 2,750 ($36.83) target price on shares of Royal Dutch Shell in a research report on Monday, October 2nd. Finally, J P Morgan Chase & Co lifted their target price on Royal Dutch Shell from GBX 2,650 ($35.49) to GBX 2,850 ($38.17) and gave the company an “overweight” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and fifteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 2,567.11 ($34.38).

Shares of Royal Dutch Shell (LON:RDSB) traded down GBX 26.50 ($0.35) during midday trading on Thursday, reaching GBX 2,388.50 ($31.99). The company’s stock had a trading volume of 10,693,622 shares, compared to its average volume of 4,860,000. Royal Dutch Shell has a 1-year low of GBX 2,012 ($26.95) and a 1-year high of GBX 2,580.53 ($34.56).

ILLEGAL ACTIVITY NOTICE: “HSBC Analysts Give Royal Dutch Shell (RDSB) a GBX 2,700 Price Target” was posted by American Banking News and is owned by of American Banking News. If you are viewing this report on another website, it was illegally copied and republished in violation of US and international copyright & trademark laws. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/11/30/hsbc-analysts-give-royal-dutch-shell-rdsb-a-gbx-2700-price-target.html.

Royal Dutch Shell 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.

Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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.