Credit Suisse Group Reiterates “GBX 2,725” Price Target for Royal Dutch Shell (RDSB)
Credit Suisse Group set a GBX 2,725 ($36.95) target price on Royal Dutch Shell (LON:RDSB) in a research report sent to investors on Friday morning. The brokerage currently has a buy rating on the stock.
Several other equities analysts also recently commented on RDSB. Goldman Sachs Group set a GBX 2,520 ($34.17) target price on shares of Royal Dutch Shell and gave the stock a buy rating in a report on Monday, September 11th. Beaufort Securities reissued a buy rating and issued a GBX 2,500 ($33.90) target price on shares of Royal Dutch Shell in a report on Thursday, September 21st. UBS Group set a GBX 2,550 ($34.58) target price on shares of Royal Dutch Shell and gave the stock a buy rating in a report on Tuesday, September 26th. Royal Bank of Canada set a GBX 2,500 ($33.90) target price on shares of Royal Dutch Shell and gave the stock a buy rating in a report on Thursday, September 28th. Finally, Barclays reissued an overweight rating and issued a GBX 2,750 ($37.29) target price on shares of Royal Dutch Shell in a report on Monday, October 2nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and fifteen have given a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of GBX 2,589.47 ($35.12).
Royal Dutch Shell (RDSB) opened at GBX 2,560 ($34.72) on Friday. Royal Dutch Shell has a 1-year low of GBX 2,037 ($27.62) and a 1-year high of GBX 2,580.53 ($34.99). The company has a market cap of $241,360.00 and a price-to-earnings ratio of 2,370.37.
ILLEGAL ACTIVITY WARNING: This piece was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece on another publication, it was illegally copied and republished in violation of international copyright law. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2018/01/09/credit-suisse-group-reiterates-gbx-2725-price-target-for-royal-dutch-shell-rdsb.html.
Royal Dutch Shell 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.
Receive News & Ratings for Royal Dutch Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell and related companies with MarketBeat.com's FREE daily email newsletter.