Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “overweight” rating reiterated by stock analysts at Barclays PLC in a research note issued to investors on Tuesday. They presently have a GBX 2,750 ($36.16) target price on the stock. Barclays PLC’s price objective would indicate a potential upside of 19.75% from the stock’s current price.
A number of other research analysts have also recently commented on the stock. Jefferies Group LLC reissued a “buy” rating and set a GBX 2,470 ($32.47) target price on shares of Royal Dutch Shell Plc in a research report on Wednesday, September 27th. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 2,500 ($32.87) price target on shares of Royal Dutch Shell Plc in a report on Friday, September 8th. Deutsche Bank AG upped their price target on shares of Royal Dutch Shell Plc from GBX 2,400 ($31.55) to GBX 2,450 ($32.21) and gave the company a “buy” rating in a report on Monday, September 4th. Macquarie reaffirmed a “neutral” rating and issued a GBX 2,150 ($28.27) price target on shares of Royal Dutch Shell Plc in a report on Monday, July 24th. Finally, HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 2,450 ($32.21) price target on shares of Royal Dutch Shell Plc in a report on Wednesday, July 19th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 2,401.43 ($31.57).
Shares of Royal Dutch Shell Plc (RDSA) opened at 2296.50 on Tuesday. Royal Dutch Shell Plc has a 12-month low of GBX 1,922.50 and a 12-month high of GBX 2,320.00. The firm’s 50-day moving average is GBX 2,175.15 and its 200-day moving average is GBX 2,115.84.
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