Royal Dutch Shell Plc (LON:RDSB) had its target price cut by HSBC from GBX 2,250 ($29.37) to GBX 2,150 ($28.06) in a research note released on Tuesday morning. They currently have a buy rating on the stock.
A number of other equities research analysts also recently weighed in on the company. Barclays PLC reissued an overweight rating and set a GBX 2,600 ($33.94) target price on shares of Royal Dutch Shell Plc in a report on Monday, July 18th. Societe Generale set a GBX 2,500 ($32.63) target price on Royal Dutch Shell Plc and gave the stock a buy rating in a report on Thursday, July 7th. Liberum Capital reissued a buy rating and set a GBX 2,071 ($27.03) target price on shares of Royal Dutch Shell Plc in a report on Thursday, July 28th. Royal Bank Of Canada downgraded Royal Dutch Shell Plc to a sector performer rating and dropped their price target for the company from GBX 2,250 ($29.37) to GBX 2,100 ($27.41) in a research note on Monday, August 1st. Finally, Goldman Sachs Group Inc. set a GBX 2,230 ($29.11) price target on Royal Dutch Shell Plc and gave the company a buy rating in a research note on Friday, August 5th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Royal Dutch Shell Plc presently has a consensus rating of Buy and an average target price of GBX 1,999.99 ($26.11).
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 1903.575 on Tuesday. The firm has a 50-day moving average of GBX 1,957.56 and a 200 day moving average of GBX 1,864.82. Royal Dutch Shell Plc has a one year low of GBX 1,261.03 and a one year high of GBX 2,163.35. The company’s market cap is GBX 152.29 billion.
Royal Dutch Shell Plc Company Profile
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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