Analyst at Deutsche Bank Reconfirmed The Royal Dutch Shell (LON:RDSB) “Buy” Rating They’ve Had

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Royal Dutch Shell (LON:RDSB) Rating Reaffirmed

This Morning, Deutsche Bank reaffirmed their “Buy” rating on Royal Dutch Shell (LON:RDSB) shares in a comprehensive report issued to investors and clients.

From a total of 15 analysts covering Royal Dutch Shell (LON:RDSB) stock, 10 rate it a ”Buy”, 1 a “Sell”, and 6 a ”Hold”. This means that 59% of the ratings are positive. The highest target price is GBX 41.11 while the lowest target price is GBX 20.93. The mean of all analyst targets is GBX 29.6 with a 26.49% above today’s (GBX 1598.66) stock price. Royal Dutch Shell was the topic of 25 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 7 with “Buy” rating. HSBC maintained shares with “Buy” rating and GBX 1925 target share price in a report from an October 15. Beaufort Securities maintained RDSB stock in a recent report from November 20 with “Buy” rating. Societe Generale maintained the rating on October 7. Societe Generale has a “Buy” rating and a GBX 1800 price target on shares. Finally, RBC Capital Markets maintained the stock with “Outperform” rating in a report issued on a November 9.

The stock decreased 0.05% or GBX 0.84 on December 4, striking GBX 1598.66. Approximately shares of stock traded hands. Royal Dutch Shell Plc (LON:RDSB) has declined 23.69% since May 8, 2015 and is downtrending. It has underperformed by 22.61% the S&P500.

Analyst at Deutsche Bank Reconfirmed The Royal Dutch Shell (LON:RDSB)

Royal Dutch Shell plc is an independent gas and oil company. The company has a market cap of 141.59 billion GBP. The Firm is engaged in the principal aspects of the gas and oil industry in more than 70 countries. It has 72.41 P/E ratio. The Firm operates in three divisions: Upstream, Downstream and Corporate.

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