Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “sell” rating restated by analysts at Canaccord Genuity in a research note issued on Friday. They currently have a GBX 1,900 ($24.81) price objective on the stock. Canaccord Genuity’s price objective suggests a potential downside of 10.04% from the company’s current price.

RDSB has been the topic of several other research reports. Morgan Stanley set a GBX 2,750 ($35.91) target price on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a report on Monday, April 24th. UBS AG set a GBX 2,500 ($32.65) target price on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a report on Tuesday, April 4th. Societe Generale set a GBX 2,500 ($32.65) target price on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a report on Friday, May 5th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a GBX 2,440 ($31.86) target price on shares of Royal Dutch Shell Plc in a report on Friday, May 5th. Finally, Beaufort Securities reiterated a “buy” rating and issued a GBX 2,500 ($32.65) target price on shares of Royal Dutch Shell Plc in a report on Friday, May 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and fifteen have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of GBX 2,417.63 ($31.57).

Shares of Royal Dutch Shell Plc (LON RDSB) opened at 2100.50 on Friday. The stock’s 50 day moving average price is GBX 2,108.52 and its 200 day moving average price is GBX 2,188.17. The firm’s market capitalization is GBX 171.29 billion. Royal Dutch Shell Plc has a 52 week low of GBX 1,869.25 and a 52 week high of GBX 2,403.68.

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Royal Dutch Shell Plc Company Profile

The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.

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

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