Royal Dutch Shell (LON:RDSB) has been given a GBX 2,675 ($35.82) price objective by analysts at UBS in a note issued to investors on Monday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS’s target price points to a potential upside of 11.71% from the stock’s current price.
Other equities research analysts have also recently issued reports about the company. Beaufort Securities reaffirmed a “buy” rating and set a GBX 2,500 ($33.48) price objective on shares of Royal Dutch Shell in a research note on Thursday, September 21st. Goldman Sachs Group set a GBX 2,520 ($33.75) price objective on Royal Dutch Shell and gave the stock a “buy” rating in a research note on Monday, September 11th. BNP Paribas set a GBX 2,400 ($32.14) price objective on Royal Dutch Shell and gave the stock a “buy” rating in a research note on Tuesday, September 5th. Deutsche Bank set a GBX 2,450 ($32.81) price objective on Royal Dutch Shell and gave the stock a “buy” rating in a research note on Monday, September 4th. Finally, J P Morgan Chase & Co set a GBX 2,400 ($32.14) target price on Royal Dutch Shell and gave the company a “buy” rating in a research note on Thursday, August 31st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and fifteen have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 2,573.68 ($34.47).
Shares of Royal Dutch Shell (RDSB) opened at GBX 2,394.50 ($32.07) on Monday. Royal Dutch Shell has a 52 week low of GBX 2,037 ($27.28) and a 52 week high of GBX 2,580.53 ($34.56).
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.
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.