Other equities research analysts have also issued reports about the company. Macquarie lowered their price objective on Royal Dutch Shell Plc from GBX 2,300 ($28.03) to GBX 2,200 ($26.81) and set an outperform rating on the stock in a research note on Monday, August 1st. Barclays PLC reiterated an overweight rating and issued a GBX 2,600 ($31.69) price objective on shares of Royal Dutch Shell Plc in a research note on Tuesday, August 16th. Canaccord Genuity reiterated a hold rating and issued a GBX 1,830 ($22.30) price objective on shares of Royal Dutch Shell Plc in a research note on Tuesday, September 6th. Liberum Capital upped their price objective on Royal Dutch Shell Plc from GBX 1,910 ($23.28) to GBX 2,071 ($25.24) and gave the company a buy rating in a research note on Wednesday, June 29th. Finally, Credit Suisse Group AG reiterated an outperform rating and issued a GBX 2,070 ($25.23) price objective on shares of Royal Dutch Shell Plc in a research note on Monday, July 4th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of GBX 2,064 ($25.16).
Royal Dutch Shell Plc (LON:RDSA) opened at 2069.50 on Thursday. The company has a 50 day moving average price of GBX 1,916.86 and a 200-day moving average price of GBX 1,861.82. Royal Dutch Shell Plc has a one year low of GBX 1,256.00 and a one year high of GBX 2,140.00.
About Royal Dutch Shell Plc
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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