Royal Dutch Shell Plc (RDSA) Given Consensus Rating of “Buy” by Brokerages
Shares of Royal Dutch Shell Plc (LON:RDSA) have been assigned an average recommendation of “Buy” from the thirteen analysts that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 2,610 ($35.39).
A number of analysts have commented on the company. Barclays reiterated an “overweight” rating and set a GBX 2,850 ($38.65) target price on shares of Royal Dutch Shell in a research report on Friday, November 24th. Citigroup reiterated a “sell” rating and set a GBX 2,050 ($27.80) target price on shares of Royal Dutch Shell in a research report on Wednesday, November 29th. Morgan Stanley reiterated an “overweight” rating and set a GBX 2,930 ($39.73) target price on shares of Royal Dutch Shell in a research report on Wednesday, November 29th. reiterated a “buy” rating and set a GBX 2,500 ($33.90) target price on shares of Royal Dutch Shell in a research report on Monday, October 16th. Finally, HSBC downgraded Royal Dutch Shell to a “hold” rating and set a GBX 2,600 ($35.26) target price on the stock. in a research report on Tuesday, November 21st.
Royal Dutch Shell (RDSA) traded down GBX 6.50 ($0.09) on Monday, reaching GBX 2,567 ($34.81). The company’s stock had a trading volume of 3,230,000 shares, compared to its average volume of 4,290,000. The stock has a market capitalization of $202,750.00 and a P/E ratio of 1,283.50. Royal Dutch Shell has a one year low of GBX 1,982.50 ($26.89) and a one year high of GBX 2,579.50 ($34.98).
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