Royal Dutch Shell Plc (RDSA) Given Buy Rating at Deutsche Bank AG
Deutsche Bank AG reaffirmed their buy rating on shares of Royal Dutch Shell Plc (LON:RDSA) in a research report sent to investors on Tuesday morning. Deutsche Bank AG currently has a GBX 2,220 ($27.06) price objective on the stock.
Other equities analysts have also issued reports about the stock. HSBC boosted their price target on shares of Royal Dutch Shell Plc from GBX 2,050 ($24.98) to GBX 2,260 ($27.54) and gave the stock a buy rating in a research report on Tuesday, October 11th. Jefferies Group boosted their target price on shares of Royal Dutch Shell Plc from GBX 2,040 ($24.86) to GBX 2,400 ($29.25) and gave the company a buy rating in a report on Monday, July 11th. Morgan Stanley boosted their target price on shares of Royal Dutch Shell Plc from GBX 2,280 ($27.79) to GBX 2,400 ($29.25) and gave the company an overweight rating in a report on Monday, July 11th. Barclays PLC reiterated an overweight rating and issued a GBX 2,600 ($31.69) target price on shares of Royal Dutch Shell Plc in a report on Monday, July 18th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Royal Dutch Shell Plc from GBX 1,630 ($19.87) to GBX 1,952 ($23.79) and gave the company a neutral rating in a report on Thursday, July 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of GBX 2,064 ($25.16).
Royal Dutch Shell Plc (LON:RDSA) opened at 2057.00 on Tuesday. Royal Dutch Shell Plc has a 12 month low of GBX 1,256.00 and a 12 month high of GBX 2,140.00. The stock’s 50 day moving average is GBX 1,919.99 and its 200-day moving average is GBX 1,864.64.
Royal Dutch Shell Plc Company Profile
Royal Dutch Shell plc (Shell) is an independent oil and gas company, based in the United Kingdom. It operates in three segments: Upstream, Downstream and Corporate. Upstream combines the operating segments Upstream International and Upstream Americas, which are engaged in searching for and recovering crude oil and natural gas, the liquefaction and transportation of gas, the extraction of bitumen from oil sands and converting it into synthetic crude oil, and wind energy.
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