Barclays reiterated their overweight rating on shares of Royal Dutch Shell (LON:RDSB) in a research report released on Tuesday morning. They currently have a GBX 3,000 ($41.45) price target on the stock.
RDSB has been the subject of several other reports. Deutsche Bank set a GBX 2,700 ($37.30) price objective on shares of Royal Dutch Shell and gave the company a buy rating in a research note on Friday, January 12th. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 2,650 ($36.61) price objective on shares of Royal Dutch Shell in a research note on Thursday, November 9th. UBS Group set a GBX 2,550 ($35.23) price objective on shares of Royal Dutch Shell and gave the company a buy rating in a research note on Thursday, November 2nd. boosted their price objective on shares of Royal Dutch Shell from GBX 2,550 ($35.23) to GBX 2,650 ($36.61) and gave the company a buy rating in a research note on Tuesday, November 7th. Finally, Goldman Sachs Group reissued a buy rating and set a GBX 2,790 ($38.55) price objective on shares of Royal Dutch Shell in a research note on Wednesday, January 31st. Two analysts have rated the stock with a sell rating, three have given a hold rating and fifteen have assigned a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of GBX 2,615.26 ($36.13).
Shares of Royal Dutch Shell (LON:RDSB) opened at GBX 2,281 ($31.51) on Tuesday. Royal Dutch Shell has a 12 month low of GBX 2,037 ($28.14) and a 12 month high of GBX 2,617 ($36.16). The stock has a market cap of $216,390.00 and a price-to-earnings ratio of 1,562.33.
About Royal Dutch Shell
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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