Deutsche Bank AG set a GBX 2,220 ($27.06) target price on Royal Dutch Shell Plc (LON:RDSB) in a research report released on Tuesday. The brokerage currently has a a buy rating on the stock.

A number of other brokerages have also recently issued reports on RDSB. HSBC set a GBX 2,380 ($29.01) target price on Royal Dutch Shell Plc and gave the stock a buy rating in a research report on Tuesday, October 11th. BNP Paribas reiterated a neutral rating and set a GBX 2,250 ($27.42) price target on shares of Royal Dutch Shell Plc in a report on Tuesday, October 11th. Morgan Stanley reiterated an overweight rating on shares of Royal Dutch Shell Plc in a report on Monday. Goldman Sachs Group Inc. set a GBX 2,290 ($27.91) price target on Royal Dutch Shell Plc and gave the stock a buy rating in a report on Friday, July 8th. Finally, Jefferies Group set a GBX 2,400 ($29.25) price target on Royal Dutch Shell Plc and gave the stock a buy rating in a report on Monday, July 11th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of GBX 2,039.25 ($24.85).

Royal Dutch Shell Plc (LON:RDSB) opened at 2149.00 on Tuesday. The firm’s market cap is GBX 171.92 billion. The stock’s 50 day moving average is GBX 2,009.15 and its 200 day moving average is GBX 1,908.07. Royal Dutch Shell Plc has a one year low of GBX 1,261.03 and a one year high of GBX 2,251.50.

Royal Dutch Shell Plc Company Profile

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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