Royal Dutch Shell Plc (RDSB) Given Sector Performer Rating at Royal Bank Of Canada
Royal Bank Of Canada restated their sector performer rating on shares of Royal Dutch Shell Plc (LON:RDSB) in a report published on Tuesday morning. They currently have a GBX 2,100 ($27.41) price objective on the stock.
A number of other brokerages also recently issued reports on RDSB. HSBC set a GBX 2,275 ($29.70) price target on shares of Royal Dutch Shell Plc and gave the company a buy rating in a report on Wednesday, July 13th. Goldman Sachs Group Inc. set a GBX 2,290 ($29.89) price objective on shares of Royal Dutch Shell Plc and gave the stock a buy rating in a research note on Friday, July 8th. Jefferies Group set a GBX 2,400 ($31.33) price objective on shares of Royal Dutch Shell Plc and gave the stock a buy rating in a research note on Monday, July 11th. JPMorgan Chase & Co. increased their price objective on shares of Royal Dutch Shell Plc from GBX 1,630 ($21.28) to GBX 1,952 ($25.48) and gave the stock a neutral rating in a research note on Thursday, July 21st. Finally, Barclays PLC reiterated an overweight rating and issued a GBX 2,600 ($33.94) price objective on shares of Royal Dutch Shell Plc in a research note on Monday, July 18th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, sixteen have assigned 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 a consensus price target of GBX 2,010.92 ($26.25).
Royal Dutch Shell Plc (LON:RDSB) opened at 2112.00 on Tuesday. Royal Dutch Shell Plc has a 1-year low of GBX 1,261.03 and a 1-year high of GBX 2,163.35. The stock’s market cap is GBX 168.96 billion. The firm has a 50-day moving average of GBX 1,959.54 and a 200-day moving average of GBX 1,876.13.
About Royal Dutch Shell Plc
Royal Dutch Shell plc (Shell) is an independent oil and gas company. The Company explores for crude oil and natural gas across the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company is engaged in the principal aspects of the oil and gas industry in approximately 70 countries.
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