Royal Dutch Shell (RDSB) Given a GBX 2,700 Price Target by Deutsche Bank Analysts

Royal Dutch Shell (LON:RDSB) has been given a GBX 2,700 ($36.62) price target by stock analysts at Deutsche Bank in a research note issued to investors on Friday. The firm presently has a “buy” rating on the stock. Deutsche Bank’s target price suggests a potential upside of 3.73% from the company’s current price.

Other equities research analysts have also issued reports about the stock. Royal Bank of Canada restated an “outperform” rating and set a GBX 2,500 ($33.90) target price on shares of Royal Dutch Shell in a research report on Monday, October 23rd. Macquarie restated a “neutral” rating and set a GBX 2,150 ($29.16) target price on shares of Royal Dutch Shell in a research report on Thursday, October 26th. Goldman Sachs Group set a GBX 2,580 ($34.99) target price on shares of Royal Dutch Shell and gave the stock a “buy” rating in a research report on Friday, November 3rd. Morgan Stanley set a GBX 2,930 ($39.73) target price on shares of Royal Dutch Shell and gave the stock a “buy” rating in a research report on Tuesday, November 7th. Finally, Citigroup restated a “sell” rating and set a GBX 2,050 ($27.80) target price on shares of Royal Dutch Shell in a research report on Wednesday, November 29th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and fifteen have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of GBX 2,589.47 ($35.12).

Royal Dutch Shell (RDSB) traded down GBX 4 ($0.05) during trading hours on Friday, reaching GBX 2,603 ($35.30). 5,442,989 shares of the company were exchanged, compared to its average volume of 3,960,000. Royal Dutch Shell has a 1 year low of GBX 2,037 ($27.62) and a 1 year high of GBX 2,612 ($35.42). The stock has a market cap of $241,690.00 and a price-to-earnings ratio of 2,410.19.

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Royal Dutch Shell 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 (LON:RDSB)

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