HSBC set a GBX 2,380 ($29.46) price target on Royal Dutch Shell Plc (LON:RDSB) in a research note published on Tuesday. The firm currently has a a buy rating on the stock.

Several other research analysts also recently weighed in on RDSB. Goldman Sachs Group Inc. set a GBX 2,250 ($27.85) price target on Royal Dutch Shell Plc and gave the company a buy rating in a report on Friday, July 29th. BNP Paribas reiterated a neutral rating and issued a GBX 2,250 ($27.85) price target on shares of Royal Dutch Shell Plc in a report on Tuesday. S&P Global Inc. set a GBX 1,950 ($24.13) price target on Royal Dutch Shell Plc and gave the company a neutral rating in a report on Thursday, July 28th. Credit Suisse Group AG set a GBX 2,150 ($26.61) price target on Royal Dutch Shell Plc and gave the company a buy rating in a report on Friday, July 29th. Finally, Royal Bank Of Canada reiterated a sector performer rating and issued a GBX 2,100 ($25.99) price target on shares of Royal Dutch Shell Plc in a report on Tuesday, October 4th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. Royal Dutch Shell Plc presently has an average rating of Buy and an average price target of GBX 2,036.11 ($25.20).

Analyst Recommendations for Royal Dutch Shell Plc (LON:RDSB)

Shares of Royal Dutch Shell Plc (LON:RDSB) traded down 0.75% on Tuesday, reaching GBX 2195.50. The company had a trading volume of 3,268,358 shares. The firm’s market capitalization is GBX 175.64 billion. The firm has a 50-day moving average price of GBX 1,981.00 and a 200 day moving average price of GBX 1,892.75. Royal Dutch Shell Plc has a 1-year low of GBX 1,261.03 and a 1-year high of GBX 2,251.50.

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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