Royal Dutch Shell Plc (LON:RDSB) has been assigned a GBX 2,220 ($27.06) target price by equities researchers at Deutsche Bank AG in a research note issued on Tuesday. The firm currently has a a “buy” rating on the stock. Deutsche Bank AG’s price objective indicates a potential upside of 3.47% from the stock’s previous close.
Several other equities analysts also recently issued reports on the stock. Goldman Sachs Group Inc. set a GBX 2,225 ($27.12) price target on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a report on Wednesday, October 5th. Barclays PLC restated an “overweight” rating and issued a GBX 2,600 ($31.69) price target on shares of Royal Dutch Shell Plc in a research note on Monday, July 18th. Societe Generale set a GBX 2,500 ($30.47) price target on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research note on Thursday, July 7th. Liberum Capital restated a “buy” rating and issued a GBX 2,071 ($25.24) price target on shares of Royal Dutch Shell Plc in a research note on Thursday, July 28th. Finally, Royal Bank Of Canada downgraded shares of Royal Dutch Shell Plc to a “sector performer” rating and decreased their price target for the company from GBX 2,250 ($27.42) to GBX 2,100 ($25.59) in a research note on Monday, August 1st. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of GBX 2,039.25 ($24.85).
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2161.50 on Tuesday. Royal Dutch Shell Plc has a 12 month low of GBX 1,261.03 and a 12 month high of GBX 2,251.50. The stock’s market cap is GBX 172.92 billion. The company has a 50 day moving average of GBX 2,004.36 and a 200 day moving average of GBX 1,905.41.