JPMorgan Chase & Co. Reiterates GBX 2,950 Price Target for Royal Dutch Shell (RDSB)
RDSB has been the topic of several other reports. Morgan Stanley set a GBX 2,930 ($41.08) target price on Royal Dutch Shell and gave the company a buy rating in a research note on Tuesday, November 7th. Macquarie reiterated a neutral rating and set a GBX 2,150 ($30.15) target price on shares of Royal Dutch Shell in a research note on Thursday, October 26th. Deutsche Bank increased their target price on Royal Dutch Shell from GBX 2,450 ($34.35) to GBX 2,675 ($37.51) and gave the company a buy rating in a research note on Monday, November 6th. UBS Group set a GBX 2,675 ($37.51) target price on Royal Dutch Shell and gave the company a buy rating in a research note on Monday, December 4th. Finally, set a GBX 2,550 ($35.75) target price on Royal Dutch Shell and gave the company a buy rating in a research note on Friday, October 13th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and fifteen have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of GBX 2,620.53 ($36.74).
Royal Dutch Shell (LON:RDSB) opened at GBX 2,345.50 ($32.89) on Monday. Royal Dutch Shell has a 52-week low of GBX 2,037 ($28.56) and a 52-week high of GBX 2,617 ($36.69). The firm has a market capitalization of $220,400.00 and a P/E ratio of 1,861.51.
Royal Dutch Shell 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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