Royal Dutch Shell plc (LON:RDSB)‘s stock had its “overweight” rating reiterated by analysts at Barclays PLC in a research note issued to investors on Friday. They currently have a GBX 2,850 ($37.49) target price on the stock. Barclays PLC’s price objective indicates a potential upside of 15.97% from the company’s current price.
Other analysts also recently issued research reports about the stock. UBS AG set a GBX 2,550 ($33.54) price target on shares of Royal Dutch Shell plc and gave the company a “buy” rating in a research note on Tuesday, August 15th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 2,500 ($32.88) price target on shares of Royal Dutch Shell plc in a research note on Monday, October 23rd. Macquarie reaffirmed a “neutral” rating and set a GBX 2,150 ($28.28) price target on shares of Royal Dutch Shell plc in a research note on Thursday, October 26th. Goldman Sachs Group, Inc. (The) set a GBX 2,580 ($33.93) price target on shares of Royal Dutch Shell plc and gave the company a “buy” rating in a research note on Friday, November 3rd. Finally, Credit Suisse Group set a GBX 2,635 ($34.66) price target on shares of Royal Dutch Shell plc and gave the company a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 2,545.88 ($33.49).
Shares of Royal Dutch Shell plc (RDSB) opened at GBX 2,457.50 ($32.32) on Friday. Royal Dutch Shell plc has a 12 month low of GBX 2,006 ($26.38) and a 12 month high of GBX 2,580.53 ($33.94).
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About Royal Dutch Shell plc
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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