Several other research firms also recently commented on RDSB. S&P Global Inc. set a GBX 1,950 ($24.13) price objective on Royal Dutch Shell Plc and gave the stock a neutral rating in a research note on Thursday, July 28th. Royal Bank Of Canada reaffirmed a sector performer rating and issued a GBX 2,100 ($25.99) price objective on shares of Royal Dutch Shell Plc in a research note on Tuesday, September 6th. Jefferies Group set a GBX 2,400 ($29.70) price objective on Royal Dutch Shell Plc and gave the stock a buy rating in a research note on Monday, July 11th. Barclays PLC reaffirmed an overweight rating and issued a GBX 2,450 ($30.32) price objective on shares of Royal Dutch Shell Plc in a research note on Thursday, June 23rd. Finally, Goldman Sachs Group Inc. set a GBX 2,290 ($28.34) target price on Royal Dutch Shell Plc and gave the company a buy rating in a research note on Friday, July 8th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of Buy and an average price target of GBX 2,036.11 ($25.20).
Shares of Royal Dutch Shell Plc (LON:RDSB) traded down 0.75% during midday trading on Tuesday, hitting GBX 2195.50. The stock had a trading volume of 3,268,358 shares. Royal Dutch Shell Plc has a 12 month low of GBX 1,261.03 and a 12 month high of GBX 2,251.50. The stock’s 50 day moving average price is GBX 1,981.00 and its 200 day moving average price is GBX 1,892.75. The firm’s market cap is GBX 175.64 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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