Royal Dutch Shell (RDSB) Given a GBX 2,790 Price Target at Goldman Sachs Group
A number of other research analysts also recently commented on the stock. Morgan Stanley reissued an overweight rating and set a GBX 2,930 ($39.43) target price on shares of Royal Dutch Shell in a research report on Wednesday, November 29th. Citigroup reissued a sell rating and set a GBX 2,050 ($27.59) target price on shares of Royal Dutch Shell in a research report on Wednesday, November 29th. Royal Bank of Canada reissued an outperform rating and set a GBX 2,500 ($33.65) target price on shares of Royal Dutch Shell in a research report on Monday, October 23rd. Barclays reissued an overweight rating and set a GBX 3,000 ($40.38) target price on shares of Royal Dutch Shell in a research report on Wednesday, November 29th. Finally, Deutsche Bank set a GBX 2,450 ($32.97) target price on shares of Royal Dutch Shell and gave the company a buy rating in a research report on Monday, September 4th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and fifteen have given a buy rating to the stock. The stock presently has an average rating of Buy and a consensus price target of GBX 2,578.42 ($34.70).
Royal Dutch Shell (LON RDSB) opened at GBX 2,442 ($32.87) on Thursday. Royal Dutch Shell has a 12 month low of GBX 2,037 ($27.42) and a 12 month high of GBX 2,580.53 ($34.73).
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About Royal Dutch Shell
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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