Royal Dutch Shell (LON:RDSA) had its price objective hoisted by investment analysts at HSBC from GBX 2,560 ($36.66) to GBX 2,595 ($37.16) in a note issued to investors on Tuesday. The firm currently has a “hold” rating on the stock. HSBC’s price objective indicates a potential upside of 9.40% from the stock’s current price.
Other equities analysts also recently issued research reports about the company. Citigroup reaffirmed a “sell” rating and issued a GBX 2,200 ($31.50) price objective on shares of Royal Dutch Shell in a research report on Thursday, March 22nd. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 2,725 ($39.02) price objective on shares of Royal Dutch Shell in a research report on Thursday, February 1st. JPMorgan Chase reaffirmed an “overweight” rating and issued a GBX 2,950 ($42.24) price objective on shares of Royal Dutch Shell in a research report on Wednesday, February 14th. Morgan Stanley cut their price objective on Royal Dutch Shell from GBX 3,040 ($43.53) to GBX 2,830 ($40.52) and set an “overweight” rating on the stock in a research report on Tuesday, February 13th. Finally, Barclays reaffirmed an “overweight” rating and issued a GBX 3,000 ($42.96) price objective on shares of Royal Dutch Shell in a research report on Friday, January 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of GBX 2,670.42 ($38.24).
Shares of Royal Dutch Shell stock opened at GBX 2,372 ($33.96) on Tuesday. Royal Dutch Shell has a 52 week low of GBX 1,982.50 ($28.39) and a 52 week high of GBX 2,579.50 ($36.93).
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