Royal Dutch Shell (LON:RDSB)‘s stock had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada in a research report issued to clients and investors on Thursday.
Other research analysts also recently issued research reports about the company. Goldman Sachs Group set a GBX 3,500 ($45.73) price objective on Royal Dutch Shell and gave the stock a “buy” rating in a research note on Monday, October 1st. JPMorgan Chase & Co. set a GBX 3,300 ($43.12) price objective on Royal Dutch Shell and gave the stock a “buy” rating in a research note on Monday, September 3rd. UBS Group set a GBX 2,950 ($38.55) price objective on Royal Dutch Shell and gave the stock a “buy” rating in a research note on Wednesday, October 3rd. Berenberg Bank reissued a “hold” rating and set a GBX 2,800 ($36.59) target price on shares of Royal Dutch Shell in a research note on Tuesday, October 2nd. Finally, HSBC reissued a “hold” rating on shares of Royal Dutch Shell in a research note on Friday, July 20th. One analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of GBX 2,966.18 ($38.76).
LON RDSB opened at GBX 2,491.85 ($32.56) on Thursday. Royal Dutch Shell has a 52 week low of GBX 2,037 ($26.62) and a 52 week high of GBX 2,617 ($34.20).
Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for and extracts crude oil, natural gas, and natural gas liquids. The company also liquefies gas; converts natural gas to liquids to provide fuels and other products; markets and transports oil and gas; and extracts bitumen from mined oil sands and converts it to synthetic crude oil.
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