Royal Dutch Shell Plc (RDSB) Given a GBX 2,650 Price Target at Jefferies Group LLC
RDSB has been the subject of several other research reports. Barclays PLC reissued an overweight rating and set a GBX 2,750 ($36.54) price target on shares of Royal Dutch Shell Plc in a report on Tuesday, July 4th. J P Morgan Chase & Co set a GBX 2,600 ($34.55) price target on Royal Dutch Shell Plc and gave the company a buy rating in a report on Friday, June 23rd. Canaccord Genuity reissued a sell rating and set a GBX 1,900 ($25.25) price target on shares of Royal Dutch Shell Plc in a report on Friday, July 21st. Macquarie lowered Royal Dutch Shell Plc to a neutral rating and cut their price target for the company from GBX 2,400 ($31.89) to GBX 2,150 ($28.57) in a report on Wednesday, June 21st. Finally, Goldman Sachs Group, Inc. (The) set a GBX 2,520 ($33.48) price target on Royal Dutch Shell Plc and gave the company a buy rating in a report on Monday, September 11th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and sixteen have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of GBX 2,448.68 ($32.54).
Shares of Royal Dutch Shell Plc (LON RDSB) traded up 0.32% on Thursday, hitting GBX 2353.50. The stock had a trading volume of 4,660,748 shares. Royal Dutch Shell Plc has a 12 month low of GBX 2,006.00 and a 12 month high of GBX 2,403.68. The stock has a 50 day moving average of GBX 2,254.51 and a 200-day moving average of GBX 2,169.94. The stock’s market cap is GBX 193.29 billion.
About Royal Dutch Shell Plc
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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