Royal Dutch Shell Plc (LON:RDSA) had its target price lifted by Barclays PLC from GBX 2,600 ($32.18) to GBX 2,960 ($36.63) in a research report report published on Monday morning. The brokerage currently has an overweight rating on the stock.
Several other research analysts have also weighed in on RDSA. HSBC reaffirmed a buy rating and issued a GBX 2,000 ($24.75) target price on shares of Royal Dutch Shell Plc in a research report on Monday, June 20th. Liberum Capital raised their price objective on Royal Dutch Shell Plc from GBX 1,910 ($23.64) to GBX 2,071 ($25.63) and gave the company a buy rating in a research report on Wednesday, June 29th. Credit Suisse Group AG reissued an outperform rating and issued a GBX 2,070 ($25.62) price objective on shares of Royal Dutch Shell Plc in a research report on Monday, July 4th. Jefferies Group raised their price objective on Royal Dutch Shell Plc from GBX 2,040 ($25.25) to GBX 2,400 ($29.70) and gave the company a buy rating in a research report on Monday, July 11th. Finally, Morgan Stanley raised their price objective on Royal Dutch Shell Plc from GBX 2,280 ($28.22) to GBX 2,400 ($29.70) and gave the company an overweight rating in a research report on Monday, July 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of GBX 2,074.29 ($25.67).
Shares of Royal Dutch Shell Plc (LON:RDSA) opened at 2094.50 on Monday. Royal Dutch Shell Plc has a 12 month low of GBX 1,256.00 and a 12 month high of GBX 2,140.00. The company has a 50 day moving average price of GBX 1,905.74 and a 200-day moving average price of GBX 1,855.08.
Royal Dutch Shell Plc Company Profile
Royal Dutch Shell plc (Shell) is an independent oil and gas company, based in the United Kingdom. It operates in three segments: Upstream, Downstream and Corporate. Upstream combines the operating segments Upstream International and Upstream Americas, which are engaged in searching for and recovering crude oil and natural gas, the liquefaction and transportation of gas, the extraction of bitumen from oil sands and converting it into synthetic crude oil, and wind energy.
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