Royal Dutch Shell (RDSA) Rating Reiterated by Barclays

Royal Dutch Shell (LON:RDSA)‘s stock had its “overweight” rating reiterated by equities research analysts at Barclays in a note issued to investors on Friday. They presently have a GBX 3,000 ($40.68) target price on the stock. Barclays’ price target points to a potential upside of 19.19% from the company’s current price.

A number of other equities analysts have also recently issued reports on RDSA. Citigroup restated a “sell” rating and issued a GBX 2,050 ($27.80) price objective on shares of Royal Dutch Shell in a research report on Wednesday, November 29th. Morgan Stanley restated an “overweight” rating and issued a GBX 2,930 ($39.73) price objective on shares of Royal Dutch Shell in a research report on Wednesday, November 29th. restated a “buy” rating and issued a GBX 2,500 ($33.90) price objective on shares of Royal Dutch Shell in a research report on Monday, October 16th. HSBC cut shares of Royal Dutch Shell to a “hold” rating and set a GBX 2,600 ($35.26) price objective on the stock. in a research report on Tuesday, November 21st. Finally, Jefferies Group restated a “buy” rating and issued a GBX 2,470 ($33.50) price objective on shares of Royal Dutch Shell in a research report on Wednesday, September 27th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of GBX 2,610 ($35.39).

Royal Dutch Shell (LON:RDSA) traded down GBX 3 ($0.04) during trading on Friday, reaching GBX 2,517 ($34.13). 5,617,493 shares of the company’s stock traded hands, compared to its average volume of 4,160,000. The company has a market capitalization of $203,030.00 and a P/E ratio of 1,258.50. Royal Dutch Shell has a 1-year low of GBX 1,982.50 ($26.89) and a 1-year high of GBX 2,579.50 ($34.98).

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Analyst Recommendations for Royal Dutch Shell (LON:RDSA)

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