Royal Dutch Shell Plc (RDSB) Given “Buy” Rating at Panmure Gordon
A number of other brokerages have also recently weighed in on RDSB. S&P Global Inc. set a GBX 1,950 ($25.45) price objective on shares of Royal Dutch Shell Plc and gave the stock a neutral rating in a research note on Thursday, July 28th. Royal Bank Of Canada restated a sector performer rating and issued a GBX 2,100 ($27.41) price objective on shares of Royal Dutch Shell Plc in a research note on Tuesday, September 6th. HSBC reduced their price objective on shares of Royal Dutch Shell Plc from GBX 2,250 ($29.37) to GBX 2,150 ($28.06) and set a buy rating for the company in a research note on Tuesday, September 27th. Jefferies Group set a GBX 2,400 ($31.33) target price on shares of Royal Dutch Shell Plc and gave the stock a buy rating in a research report on Monday, July 11th. Finally, JPMorgan Chase & Co. reaffirmed a neutral rating and set a GBX 1,630 ($21.28) target price on shares of Royal Dutch Shell Plc in a research report on Wednesday, June 8th. One analyst has rated the stock with a sell rating, ten have given a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 2,010.92 ($26.25).
Shares of Royal Dutch Shell Plc (LON:RDSB) traded up 0.49% during mid-day trading on Wednesday, reaching GBX 2135.50. 3,135,694 shares of the company traded hands. The stock’s market capitalization is GBX 170.84 billion. Royal Dutch Shell Plc has a 52-week low of GBX 1,261.03 and a 52-week high of GBX 2,163.35. The stock’s 50 day moving average is GBX 1,962.54 and its 200 day moving average is GBX 1,879.09.
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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