Royal Dutch Shell plc (LON:RDSB)‘s stock had its “overweight” rating restated by Barclays PLC in a report released on Friday, November 3rd. They currently have a GBX 2,850 ($37.49) price objective on the stock. Barclays PLC’s price objective would indicate a potential upside of 15.97% from the company’s previous close.
A number of other research analysts have also weighed in on the company. J P Morgan Chase & Co set a GBX 2,650 ($34.85) price target on Royal Dutch Shell plc and gave the stock a “buy” rating in a research note on Friday, November 3rd. UBS AG set a GBX 2,550 ($33.54) price objective on Royal Dutch Shell plc and gave the stock a “buy” rating in a report on Thursday, November 2nd. Royal Bank Of Canada restated an “outperform” rating and set a GBX 2,500 ($32.88) price objective on shares of Royal Dutch Shell plc in a report on Wednesday, November 1st. Macquarie restated a “neutral” rating and set a GBX 2,150 ($28.28) price objective on shares of Royal Dutch Shell plc in a report on Thursday, October 26th. Finally, Jefferies Group LLC set a GBX 2,650 ($34.85) price target on Royal Dutch Shell plc and gave the company a “buy” rating in a report on Thursday, October 19th. One analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating to the company’s stock. Royal Dutch Shell plc currently has an average rating of “Buy” and a consensus target price of GBX 2,545.88 ($33.49).
Shares of Royal Dutch Shell plc (LON:RDSB) opened at GBX 2,457.50 ($32.32) on Friday. Royal Dutch Shell plc has a 52 week low of GBX 2,006 ($26.38) and a 52 week high of GBX 2,580.53 ($33.94).
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Royal Dutch Shell plc Company Profile
The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.
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