The Royal Dutch Shell Plc (RDSA) Stock Rating Reaffirmed by Citigroup Inc.

The Royal Dutch Shell Plc (RDSA) Stock Rating Reaffirmed by Citigroup Inc.

Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “neutral” rating reissued by analysts at Citigroup Inc. in a report issued on Thursday.

Several other brokerages have also commented on RDSA. Jefferies Group upped their price target on Royal Dutch Shell Plc from GBX 2,040 ($25.25) to GBX 2,400 ($29.70) and gave the company a “buy” rating in a research note on Monday, July 11th. HSBC reaffirmed a “buy” rating and issued a GBX 2,180 ($26.98) price target on shares of Royal Dutch Shell Plc in a research note on Wednesday, September 7th. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 2,600 ($32.18) price target on shares of Royal Dutch Shell Plc in a research note on Tuesday, October 4th. Canaccord Genuity reaffirmed a “hold” rating and issued a GBX 1,830 ($22.65) price target on shares of Royal Dutch Shell Plc in a research note on Tuesday, September 6th. Finally, Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 2,070 ($25.62) price target on shares of Royal Dutch Shell Plc in a research note on Monday, July 4th. Three investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 2,067.24 ($25.58).

Royal Dutch Shell Plc (LON:RDSA) traded down 0.89% during trading on Thursday, reaching GBX 2065.50. The company’s stock had a trading volume of 3,409,252 shares. The stock has a 50 day moving average price of GBX 1,900.74 and a 200 day moving average price of GBX 1,853.55. Royal Dutch Shell Plc has a 1-year low of GBX 1,256.00 and a 1-year high of GBX 2,140.00.

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