Royal Dutch Shell (LON:RDSB) Given “Overweight” Rating at JPMorgan Chase & Co.
A number of other analysts also recently weighed in on RDSB. Bank of America upped their target price on shares of Royal Dutch Shell from GBX 2,660 ($34.76) to GBX 3,100 ($40.51) and gave the stock a buy rating in a research report on Friday, August 2nd. Goldman Sachs Group set a GBX 3,640 ($47.56) target price on shares of Royal Dutch Shell and gave the stock a buy rating in a research report on Thursday, August 1st. Sanford C. Bernstein set a GBX 3,400 ($44.43) target price on shares of Royal Dutch Shell and gave the stock a buy rating in a research report on Tuesday, August 27th. Morgan Stanley reaffirmed an equal weight rating and issued a GBX 2,490 ($32.54) target price on shares of Royal Dutch Shell in a research report on Friday, July 12th. Finally, Berenberg Bank set a GBX 2,900 ($37.89) target price on shares of Royal Dutch Shell and gave the stock a neutral rating in a research report on Friday, August 2nd. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of GBX 2,981.43 ($38.96).
Shares of Royal Dutch Shell stock opened at GBX 2,322.50 ($30.35) on Friday. The company has a current ratio of 1.10, a quick ratio of 0.73 and a debt-to-equity ratio of 47.21. The company’s fifty day simple moving average is GBX 2,354.05 and its two-hundred day simple moving average is GBX 2,454.34. The company has a market cap of $86.76 billion and a P/E ratio of 9.36. Royal Dutch Shell has a 12-month low of GBX 2,227 ($29.10) and a 12-month high of GBX 2,725.50 ($35.61).
Royal Dutch Shell Company Profile
Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.
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