Barclays Reaffirms Overweight Rating for Royal Dutch Shell (RDSA)
RDSA has been the topic of a number of other research reports. JPMorgan Chase & Co. lifted their price target on shares of Royal Dutch Shell from GBX 2,850 ($40.02) to GBX 2,950 ($41.43) and gave the company an overweight rating in a research note on Monday, January 22nd. Jefferies Group reaffirmed a buy rating and issued a GBX 2,720 ($38.20) price target (up previously from GBX 2,650 ($37.21)) on shares of Royal Dutch Shell in a research note on Monday, December 18th. Morgan Stanley lifted their price target on shares of Royal Dutch Shell from GBX 2,930 ($41.15) to GBX 3,040 ($42.69) and gave the company a top pick rating in a research note on Monday, January 8th. Credit Suisse Group reissued an outperform rating and issued a GBX 2,635 ($37.00) price objective on shares of Royal Dutch Shell in a research report on Wednesday, November 29th. Finally, boosted their price objective on shares of Royal Dutch Shell from GBX 2,500 ($35.11) to GBX 2,600 ($36.51) and gave the stock a buy rating in a research report on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 2,625.83 ($36.87).
Royal Dutch Shell (LON RDSA) opened at GBX 2,395.50 ($33.64) on Friday. Royal Dutch Shell has a one year low of GBX 1,982.50 ($27.84) and a one year high of GBX 2,579.50 ($36.22). The firm has a market cap of $202,340.00 and a P/E ratio of 1,197.75.
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