Royal Dutch Shell (RDSB) Price Target Increased to GBX 2,750 by Analysts at Credit Suisse Group

Royal Dutch Shell (LON:RDSB) had its target price boosted by research analysts at Credit Suisse Group from GBX 2,725 ($38.25) to GBX 2,750 ($38.60) in a research note issued to investors on Friday. The firm presently has an “outperform” rating on the stock. Credit Suisse Group’s price objective suggests a potential upside of 15.94% from the company’s current price.

Other equities analysts have also issued reports about the stock. UBS set a GBX 2,675 ($37.55) price target on shares of Royal Dutch Shell and gave the stock a “buy” rating in a research report on Tuesday, December 26th. Jefferies Group boosted their price target on shares of Royal Dutch Shell from GBX 2,650 ($37.20) to GBX 2,720 ($38.18) and gave the stock a “buy” rating in a research report on Wednesday, December 20th. Goldman Sachs set a GBX 2,790 ($39.16) price target on shares of Royal Dutch Shell and gave the stock a “buy” rating in a research report on Thursday, December 14th. JPMorgan Chase set a GBX 2,850 ($40.01) price target on shares of Royal Dutch Shell and gave the stock a “buy” rating in a research report on Friday, December 8th. Finally, Kepler Capital Markets restated a “buy” rating on shares of Royal Dutch Shell in a research report on Thursday, January 18th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and sixteen have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of GBX 2,616.58 ($36.73).

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RDSB traded down GBX 1 ($0.01) on Friday, reaching GBX 2,372 ($33.30). 1,665,773 shares of the company’s stock were exchanged, compared to its average volume of 5,080,000. Royal Dutch Shell has a twelve month low of GBX 2,037 ($28.59) and a twelve month high of GBX 2,617 ($36.73).

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Royal Dutch Shell 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.

Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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