Barclays PLC Raises Royal Dutch Shell Plc (RDSB) Price Target to GBX 2,850

Royal Dutch Shell Plc (LON:RDSB) had its target price boosted by Barclays PLC from GBX 2,750 ($36.54) to GBX 2,850 ($37.87) in a report issued on Monday morning, MarketBeat reports. They currently have an overweight rating on the stock.

Other equities research analysts have also issued reports about the stock. UBS AG set a GBX 2,550 ($33.88) target price on shares of Royal Dutch Shell Plc and gave the stock a buy rating in a research report on Monday, June 19th. HSBC Holdings plc restated a buy rating and set a GBX 2,500 ($33.22) target price on shares of Royal Dutch Shell Plc in a research report on Wednesday, July 19th. Morgan Stanley set a GBX 2,560 ($34.02) target price on shares of Royal Dutch Shell Plc and gave the stock a buy rating in a research report on Monday, July 17th. Goldman Sachs Group, Inc. (The) boosted their target price on shares of Royal Dutch Shell Plc from GBX 2,440 ($32.42) to GBX 2,490 ($33.09) and gave the stock a buy rating in a research report on Thursday, July 13th. Finally, Deutsche Bank AG decreased their target price on shares of Royal Dutch Shell Plc from GBX 2,500 ($33.22) to GBX 2,400 ($31.89) and set a buy rating on the stock in a research report on Wednesday, July 5th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and sixteen have issued a buy rating to the stock. The company has a consensus rating of Buy and an average target price of GBX 2,448.68 ($32.54).

Royal Dutch Shell Plc (LON RDSB) opened at 2346.00 on Monday. Royal Dutch Shell Plc has a 52-week low of GBX 2,006.00 and a 52-week high of GBX 2,403.68. The stock’s 50 day moving average is GBX 2,249.24 and its 200-day moving average is GBX 2,168.65. The stock’s market capitalization is GBX 192.67 billion.

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Royal Dutch Shell Plc Company Profile

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.

Analyst Recommendations for Royal Dutch Shell Plc (LON:RDSB)

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