Royal Dutch Shell (RDSB) PT Raised to GBX 3,300
Royal Dutch Shell (LON:RDSB) had its price target upped by Goldman Sachs Group from GBX 3,150 ($41.16) to GBX 3,300 ($43.12) in a report released on Monday. They currently have a buy rating on the stock.
Other equities research analysts have also issued reports about the company. JPMorgan Chase & Co. set a GBX 3,100 ($40.51) price objective on Royal Dutch Shell and gave the stock a buy rating in a research note on Thursday, October 11th. Royal Bank of Canada set a GBX 3,200 ($41.81) price objective on Royal Dutch Shell and gave the stock a buy rating in a research note on Monday, October 8th. UBS Group set a GBX 2,950 ($38.55) price target on Royal Dutch Shell and gave the company a buy rating in a research report on Wednesday, October 3rd. Sanford C. Bernstein set a GBX 3,300 ($43.12) price target on Royal Dutch Shell and gave the company a buy rating in a research report on Thursday, November 1st. Finally, Credit Suisse Group set a GBX 3,175 ($41.49) price target on Royal Dutch Shell and gave the company a buy rating in a research report on Thursday, November 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the company. Royal Dutch Shell has a consensus rating of Buy and a consensus price target of GBX 2,943.57 ($38.46).
LON:RDSB opened at GBX 2,446 ($31.96) on Monday. Royal Dutch Shell has a 12 month low of GBX 2,037 ($26.62) and a 12 month high of GBX 2,617 ($34.20).
Royal Dutch Shell Company Profile
Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for and extracts crude oil, natural gas, and natural gas liquids. The company also liquefies gas; converts natural gas to liquids to provide fuels and other products; markets and transports oil and gas; and extracts bitumen from mined oil sands and converts it to synthetic crude oil.
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