Today: HSBC Boosts Royal Dutch Shell Plc (RDSA) Price Target to GBX 2,260

Today: HSBC Boosts Royal Dutch Shell Plc (RDSA) Price Target to GBX 2,260

Royal Dutch Shell Plc (LON:RDSA) had its target price increased by HSBC from GBX 2,050 ($25.37) to GBX 2,260 ($27.97) in a report published on Tuesday morning. HSBC currently has a buy rating on the stock.

RDSA has been the subject of several other reports. Canaccord Genuity restated a hold rating and issued a GBX 1,830 ($22.65) target price on shares of Royal Dutch Shell Plc in a report on Wednesday, August 31st. Barclays PLC restated an overweight rating and issued a GBX 2,450 ($30.32) target price on shares of Royal Dutch Shell Plc in a report on Thursday, June 23rd. JPMorgan Chase & Co. upped their target price on Royal Dutch Shell Plc from GBX 1,630 ($20.17) to GBX 1,952 ($24.16) and gave the company a neutral rating in a report on Thursday, July 21st. Morgan Stanley upped their target price on Royal Dutch Shell Plc from GBX 2,280 ($28.22) to GBX 2,400 ($29.70) and gave the company an overweight rating in a report on Monday, July 11th. Finally, Jefferies Group upped their target price 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 report on Monday, July 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have given a buy rating to the company’s stock. Royal Dutch Shell Plc has an average rating of Buy and a consensus target price of GBX 2,074.29 ($25.67).

Royal Dutch Shell Plc (LON:RDSA) opened at 2096.6814 on Tuesday. The stock’s 50 day moving average price is GBX 1,911.03 and its 200 day moving average price is GBX 1,856.94. Royal Dutch Shell Plc has a 52 week low of GBX 1,256.00 and a 52 week high of GBX 2,140.00.

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