Royal Dutch Shell (LON:RDSA)‘s stock had its “outperform” rating restated by BNP Paribas in a research report issued on Monday. They presently have a GBX 2,800 ($39.26) price objective on the stock. BNP Paribas’ target price suggests a potential upside of 22.48% from the stock’s current price.
A number of other research firms have also recently issued reports on RDSA. restated a “buy” rating and issued a GBX 2,500 ($35.05) price objective on shares of Royal Dutch Shell in a research report on Monday, October 16th. Credit Suisse Group restated an “outperform” rating and issued a GBX 2,635 ($36.95) price objective on shares of Royal Dutch Shell in a research report on Wednesday, November 29th. Citigroup restated a “sell” rating and issued a GBX 2,050 ($28.74) price objective on shares of Royal Dutch Shell in a research report on Wednesday, November 29th. Barclays restated an “overweight” rating and issued a GBX 2,850 ($39.96) price objective on shares of Royal Dutch Shell in a research report on Friday, November 24th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Royal Dutch Shell from GBX 2,400 ($33.65) to GBX 2,650 ($37.16) and gave the company an “overweight” rating in a research report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 2,639.23 ($37.01).
Royal Dutch Shell (RDSA) opened at GBX 2,286 ($32.05) on Monday. Royal Dutch Shell has a 52-week low of GBX 1,982.50 ($27.80) and a 52-week high of GBX 2,579.50 ($36.17). The stock has a market cap of $203,270.00 and a PE ratio of 1,143.00.
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