Royal Dutch Shell Plc (RDSB) PT Set at GBX 2,650 by J P Morgan Chase & Co
Royal Dutch Shell Plc (LON:RDSB) has been given a GBX 2,650 ($34.97) target price by investment analysts at J P Morgan Chase & Co in a research note issued on Friday. The firm presently has a “buy” rating on the stock. J P Morgan Chase & Co’s target price indicates a potential upside of 7.22% from the company’s current price.
Other research analysts have also recently issued research reports about the company. UBS AG set a GBX 2,550 ($33.65) price target on Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Tuesday, August 15th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 2,500 ($32.99) price objective on shares of Royal Dutch Shell Plc in a research report on Monday, October 23rd. Macquarie reiterated a “neutral” rating and set a GBX 2,150 ($28.37) price objective on shares of Royal Dutch Shell Plc in a research report on Thursday, October 26th. Goldman Sachs Group, Inc. (The) lifted their price objective on Royal Dutch Shell Plc from GBX 2,440 ($32.20) to GBX 2,490 ($32.86) and gave the stock a “buy” rating in a research report on Thursday, July 13th. Finally, Jefferies Group LLC set a GBX 2,470 ($32.59) price objective on Royal Dutch Shell Plc and gave the stock a “buy” rating in a research report on Tuesday, August 29th. One analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have given a buy rating to the company’s stock. Royal Dutch Shell Plc presently has a consensus rating of “Buy” and an average price target of GBX 2,497.06 ($32.95).
Royal Dutch Shell Plc (RDSB) opened at GBX 2,471.50 ($32.61) on Friday. Royal Dutch Shell Plc has a 52-week low of GBX 2,006 ($26.47) and a 52-week 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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