Royal Dutch Shell (RDSB) Given Buy Rating at Kepler Capital Markets
RDSB has been the subject of a number of other research reports. Barclays restated an overweight rating and set a GBX 3,000 ($40.68) target price on shares of Royal Dutch Shell in a report on Tuesday, December 5th. Deutsche Bank set a GBX 2,700 ($36.62) target price on Royal Dutch Shell and gave the company a buy rating in a report on Friday, January 12th. JPMorgan Chase & Co. restated an overweight rating and set a GBX 2,650 ($35.94) target price on shares of Royal Dutch Shell in a report on Thursday, November 9th. Canaccord Genuity upped their target price on Royal Dutch Shell from GBX 1,900 ($25.77) to GBX 2,000 ($27.12) and gave the company a sell rating in a report on Wednesday, October 11th. Finally, set a GBX 2,550 ($34.58) target price on Royal Dutch Shell and gave the company a buy rating in a report on Friday, October 13th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and sixteen have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of GBX 2,589.47 ($35.12).
Shares of Royal Dutch Shell (RDSB) traded down GBX 9.50 ($0.13) during trading on Thursday, hitting GBX 2,560 ($34.72). The company has a market capitalization of $240,310.00 and a price-to-earnings ratio of 2,415.09. Royal Dutch Shell has a one year low of GBX 2,037 ($27.62) and a one year high of GBX 2,617 ($35.49).
About Royal Dutch Shell
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.
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