Royal Dutch Shell Plc’s (RDSA) Overweight Rating Reaffirmed at Barclays PLC
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “overweight” rating reaffirmed by Barclays PLC in a note issued to investors on Monday.
Other equities research analysts have also recently issued research reports about the stock. Jefferies Group LLC decreased their target price on shares of Royal Dutch Shell Plc from GBX 2,700 ($35.05) to GBX 2,600 ($33.75) and set a “buy” rating for the company in a research report on Wednesday, May 17th. Deutsche Bank AG reissued a “buy” rating and set a GBX 2,500 ($32.45) target price on shares of Royal Dutch Shell Plc in a research report on Friday, May 5th. HSBC Holdings plc reissued a “buy” rating and set a GBX 2,450 ($31.81) target price on shares of Royal Dutch Shell Plc in a research report on Monday, June 26th. Macquarie cut shares of Royal Dutch Shell Plc to a “neutral” rating and decreased their target price for the company from GBX 2,400 ($31.16) to GBX 2,150 ($27.91) in a research report on Wednesday, June 21st. Finally, Credit Suisse Group reissued an “outperform” rating and set a GBX 2,500 ($32.45) target price on shares of Royal Dutch Shell Plc in a research report on Friday, June 23rd. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 2,407.14 ($31.25).
Shares of Royal Dutch Shell Plc (LON RDSA) opened at 2108.00 on Monday. The company’s 50 day moving average is GBX 2,102.27 and its 200 day moving average is GBX 2,103.29. Royal Dutch Shell Plc has a 12 month low of GBX 1,791.00 and a 12 month high of GBX 2,295.50.
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