Royal Dutch Shell Plc (RDSB) PT Raised to GBX 2,675 at Deutsche Bank AG
Royal Dutch Shell Plc (LON:RDSB) had its price target hoisted by research analysts at Deutsche Bank AG from GBX 2,450 ($32.33) to GBX 2,675 ($35.30) in a note issued to investors on Monday. The firm presently has a “buy” rating on the stock. Deutsche Bank AG’s price objective would indicate a potential upside of 7.60% from the company’s current price.
RDSB has been the topic of a number of other reports. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 2,500 ($32.99) price target on shares of Royal Dutch Shell Plc in a report on Wednesday, November 1st. Jefferies Group LLC set a GBX 2,650 ($34.97) price target on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a report on Thursday, October 19th. Morgan Stanley set a GBX 2,560 ($33.78) price target on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a report on Monday, July 17th. Barclays PLC restated an “overweight” rating and issued a GBX 2,750 ($36.29) price target on shares of Royal Dutch Shell Plc in a report on Monday, October 2nd. Finally, J P Morgan Chase & Co set a GBX 2,400 ($31.67) price target on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the company. Royal Dutch Shell Plc currently has an average rating of “Buy” and an average target price of GBX 2,510.29 ($33.13).
Royal Dutch Shell Plc (LON:RDSB) opened at GBX 2,486 ($32.81) on Monday. Royal Dutch Shell Plc has a 1-year low of GBX 2,006 ($26.47) and a 1-year high of GBX 2,501 ($33.00).
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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