Barclays PLC Reaffirms Overweight Rating for Royal Dutch Shell plc (RDSB)
Royal Dutch Shell plc (LON:RDSB)‘s stock had its “overweight” rating restated by Barclays PLC in a report issued on Friday. They presently have a GBX 2,850 ($37.49) price target on the stock. Barclays PLC’s price target indicates a potential upside of 14.46% from the stock’s current price.
Several other analysts also recently issued reports on RDSB. J P Morgan Chase & Co set a GBX 2,400 ($31.57) price target on Royal Dutch Shell plc and gave the stock a “buy” rating in a research note on Thursday, August 31st. Jefferies Group LLC set a GBX 2,470 ($32.49) price target on Royal Dutch Shell plc and gave the stock a “buy” rating in a research note on Tuesday, August 29th. UBS AG set a GBX 2,550 ($33.54) price target on Royal Dutch Shell plc and gave the stock a “buy” rating in a research note on Tuesday, August 15th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and set a GBX 2,520 ($33.14) price target on shares of Royal Dutch Shell plc in a research note on Monday, July 31st. Finally, Societe Generale decreased their price target on Royal Dutch Shell plc from GBX 2,500 ($32.88) to GBX 2,350 ($30.91) and set a “buy” rating for the company in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating to the company. Royal Dutch Shell plc presently has an average rating of “Buy” and an average target price of GBX 2,545.88 ($33.49).
Royal Dutch Shell plc (LON:RDSB) opened at GBX 2,490 ($32.75) on Friday. Royal Dutch Shell plc has a 52-week low of GBX 2,006 ($26.38) and a 52-week high of GBX 2,580.53 ($33.94).
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Royal Dutch Shell plc 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.
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