Barclays reaffirmed their overweight rating on shares of Royal Dutch Shell (LON:RDSB) in a research report sent to investors on Friday morning. The brokerage currently has a GBX 3,000 ($40.68) price objective on the stock.

Other equities research analysts have also issued reports about the stock. Royal Bank of Canada reissued an outperform rating and set a GBX 2,500 ($33.90) target price on shares of Royal Dutch Shell in a research note on Monday, October 23rd. Macquarie reissued a neutral rating and set a GBX 2,150 ($29.16) target price on shares of Royal Dutch Shell in a research note on Thursday, October 26th. Goldman Sachs Group set a GBX 2,580 ($34.99) target price on shares of Royal Dutch Shell and gave the stock a buy rating in a research note on Friday, November 3rd. Morgan Stanley set a GBX 2,930 ($39.73) price target on shares of Royal Dutch Shell and gave the company a buy rating in a research note on Tuesday, November 7th. Finally, Citigroup reaffirmed a sell rating and issued a GBX 2,050 ($27.80) price target on shares of Royal Dutch Shell in a research note on Wednesday, November 29th. Two analysts have rated the stock with a sell rating, two have given a hold rating and sixteen have issued a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of GBX 2,594.74 ($35.19).

Royal Dutch Shell (LON:RDSB) traded up GBX 7.50 ($0.10) during mid-day trading on Friday, hitting GBX 2,567.50 ($34.82). 2,450,000 shares of the stock traded hands, compared to its average volume of 3,820,000. Royal Dutch Shell has a twelve month low of GBX 2,037 ($27.62) and a twelve month high of GBX 2,617 ($35.49). The stock has a market cap of $241,020.00 and a price-to-earnings ratio of 2,422.17.

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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.

Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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