Royal Dutch Shell plc (RDSA) Earns Overweight Rating from Barclays PLC

Royal Dutch Shell plc (LON:RDSA)‘s stock had its “overweight” rating restated by Barclays PLC in a note issued to investors on Friday, November 10th. They currently have a GBX 2,850 ($37.49) price target on the stock. Barclays PLC’s price objective would suggest a potential upside of 21.82% from the stock’s current price.

A number of other research firms have also commented on RDSA. reaffirmed a “buy” rating and set a GBX 2,500 ($32.88) price target on shares of Royal Dutch Shell plc in a research report on Monday, October 16th. Morgan Stanley reaffirmed an “overweight” rating on shares of Royal Dutch Shell plc in a research report on Monday, July 17th. Macquarie reaffirmed a “neutral” rating and set a GBX 2,150 ($28.28) price target on shares of Royal Dutch Shell plc in a research report on Monday, July 24th. J P Morgan Chase & Co raised their price target on shares of Royal Dutch Shell plc from GBX 2,400 ($31.57) to GBX 2,650 ($34.85) and gave the stock an “overweight” rating in a research report on Thursday, October 19th. Finally, Credit Suisse Group raised their target price on shares of Royal Dutch Shell plc from GBX 2,500 ($32.88) to GBX 2,635 ($34.66) and gave the company an “outperform” rating in a report on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 2,582.50 ($33.97).

Royal Dutch Shell plc (LON RDSA) opened at GBX 2,339.50 ($30.77) on Friday. Royal Dutch Shell plc has a 1 year low of GBX 1,929.50 ($25.38) and a 1 year high of GBX 2,516.32 ($33.10).

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Analyst Recommendations for Royal Dutch Shell plc (LON:RDSA)

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