Trade Report: Today, Royal Dutch Shell Plc (RDSB) Stock Rating Reaffirmed by Royal Bank Of Canada

Today, Royal Dutch Shell Plc (RDSB) Stock Rating Reaffirmed by Royal Bank Of Canada

Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “sector performer” rating reaffirmed by Royal Bank Of Canada in a research note issued on Tuesday. They currently have a GBX 2,100 ($27.41) target price on the stock. Royal Bank Of Canada’s target price would suggest a potential downside of 1.18% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. Barclays PLC upped their price objective on shares of Royal Dutch Shell Plc from GBX 2,450 ($31.98) to GBX 2,600 ($33.94) and gave the company an “overweight” rating in a research report on Tuesday, July 5th. Jefferies Group set a GBX 2,400 ($31.33) price objective on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Monday, July 11th. S&P Global Inc. set a GBX 1,950 ($25.45) price objective on shares of Royal Dutch Shell Plc and gave the company a “neutral” rating in a research report on Thursday, July 28th. Societe Generale set a GBX 2,500 ($32.63) price objective on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Thursday, July 7th. Finally, Deutsche Bank AG set a GBX 2,135 ($27.87) price objective on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Monday, July 25th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. Royal Dutch Shell Plc has an average rating of “Buy” and a consensus target price of GBX 2,010.92 ($26.25).

Royal Dutch Shell Plc (LON:RDSB) opened at 2121.505 on Tuesday. The firm’s market cap is GBX 169.72 billion. The company has a 50-day moving average price of GBX 1,962.54 and a 200 day moving average price of GBX 1,879.09. Royal Dutch Shell Plc has a 12 month low of GBX 1,261.03 and a 12 month high of GBX 2,163.35.

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