Royal Dutch Shell plc (LON:RDSB)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as GBX 1,527.60 ($19.96) and last traded at GBX 1,523 ($19.90), with a volume of 662196 shares trading hands. The stock had previously closed at GBX 1,520.40 ($19.86).
RDSB has been the subject of several research reports. The Goldman Sachs Group set a GBX 2,200 ($28.74) price objective on shares of Royal Dutch Shell in a research note on Thursday, July 29th. Royal Bank of Canada set a GBX 2,200 ($28.74) price objective on shares of Royal Dutch Shell in a research report on Friday, September 3rd. UBS Group set a GBX 1,860 ($24.30) price objective on shares of Royal Dutch Shell in a research report on Wednesday. Berenberg Bank raised their price target on shares of Royal Dutch Shell from GBX 1,570 ($20.51) to GBX 1,720 ($22.47) and gave the stock a “buy” rating in a report on Friday, July 30th. Finally, Deutsche Bank Aktiengesellschaft set a GBX 1,871 ($24.44) price objective on shares of Royal Dutch Shell in a research note on Wednesday. One equities research analyst has rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, Royal Dutch Shell has an average rating of “Buy” and an average target price of GBX 1,940.55 ($25.35).
The company has a current ratio of 1.32, a quick ratio of 0.92 and a debt-to-equity ratio of 58.44. The firm has a market cap of £118.96 billion and a P/E ratio of 29.39. The company’s 50 day simple moving average is GBX 1,430.76 and its 200-day simple moving average is GBX 1,390.38.
About Royal Dutch Shell (LON:RDSB)
Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, Oil Products, Chemicals segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.
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