Royal Dutch Shell Plc (LON:RDSB) has been assigned an average recommendation of “Buy” from the twenty analysts that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and fifteen have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 2,620.53 ($36.74).
A number of brokerages have issued reports on RDSB. Deutsche Bank restated a “buy” rating and set a GBX 2,800 ($39.26) target price on shares of Royal Dutch Shell in a research report on Monday. JPMorgan Chase & Co. set a GBX 2,950 ($41.36) target price on shares of Royal Dutch Shell and gave the stock a “buy” rating in a research report on Monday. UBS Group set a GBX 2,675 ($37.51) target price on shares of Royal Dutch Shell and gave the stock a “buy” rating in a research report on Monday. S&P Global set a GBX 2,700 ($37.86) target price on shares of Royal Dutch Shell and gave the stock a “buy” rating in a research report on Friday, February 2nd. Finally, Barclays restated an “overweight” rating and set a GBX 3,000 ($42.06) target price on shares of Royal Dutch Shell in a research report on Friday, February 2nd.
Shares of Royal Dutch Shell (RDSB) traded down GBX 42.50 ($0.60) during midday trading on Friday, hitting GBX 2,253.50 ($31.60). 7,127,579 shares of the company traded hands, compared to its average volume of 4,800,000. Royal Dutch Shell has a 12-month low of GBX 2,037 ($28.56) and a 12-month high of GBX 2,617 ($36.69). The firm has a market capitalization of $214,030.00 and a PE ratio of 1,760.55.
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About Royal Dutch Shell
The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.
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