Royal Dutch Shell Plc (LON:RDSB) has been assigned a consensus rating of “Buy” from the twenty-eight ratings firms that are currently covering the stock. One equities research analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation, sixteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 2,010.92 ($26.25).
Several equities research analysts have weighed in on RDSB shares. Goldman Sachs Group Inc. reaffirmed a “buy” rating and issued a GBX 2,185 ($28.52) target price on shares of Royal Dutch Shell Plc in a research report on Monday, June 27th. HSBC reissued a “buy” rating and issued a GBX 2,000 ($26.11) price target on shares of Royal Dutch Shell Plc in a research note on Monday, June 20th. Jefferies Group set a GBX 2,400 ($31.33) price target on Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Monday, July 11th. Societe Generale set a GBX 2,500 ($32.63) price target on Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Thursday, July 7th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 2,071 ($27.03) price target on shares of Royal Dutch Shell Plc in a research note on Thursday, July 28th.
Royal Dutch Shell Plc (LON:RDSB) opened at 2167.50 on Tuesday. The company has a 50-day moving average of GBX 1,969.69 and a 200 day moving average of GBX 1,883.43. Royal Dutch Shell Plc has a 52 week low of GBX 1,261.03 and a 52 week high of GBX 2,188.50. The firm’s market cap is GBX 173.40 billion.
About Royal Dutch Shell Plc
Royal Dutch Shell plc (Shell) is an independent oil and gas company. The Company explores for crude oil and natural gas across the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company is engaged in the principal aspects of the oil and gas industry in approximately 70 countries.
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