Royal Dutch Shell (LON:RDSA) Rating Reaffirmed
They currently have a GBX 1900 Estimated Target Price on Royal Dutch Shell (LON:RDSA). The target price by Macquarie would suggest a potential upside of 21.79% from the company’s previous stock close. This has been announced to investors in analysts note on Monday, 7 December.
From a total of 14 analysts covering Royal Dutch Shell (LON:RDSA) stock, 14 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 82% of the ratings are positive. The highest target price is GBX 41.11 while the lowest target price is GBX 17.56. The mean of all analyst targets is GBX 30.05 with a 26.41% above today’s (GBX 1558.5) stock price. Royal Dutch Shell was the topic of 96 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. UBS maintained shares on December 4 with “Buy” rating. ABN Amro maintained shares with “Buy” rating and GBX 2034.22 target share price in a report from a November 25. Liberum Capital maintained RDSA stock in a recent report from December 3 with “Hold” rating. Credit Suisse maintained the rating on November 24. Credit Suisse has a “Outperform” rating and a GBX 2125 price target on shares. Finally, HSBC maintained the stock with “Buy” rating in a report issued on a November 26.
Approximately 1.51M shares of stock traded hands. Royal Dutch Shell Plc (LON:RDSA) has declined 23.48% since May 8, 2015 and is downtrending. It has underperformed by 22.40% the S&P500.
Royal Dutch Shell plc is an independent gas and oil company, based in the United Kingdom. The company has a market cap of 199.54 billion GBP. It operates in three divisions: Upstream, Downstream and Corporate. It has 7.8 P/E ratio. Upstream combines the operating divisions Upstream International and Upstream Americas, which are engaged in searching for and recovering natural gas and crude oil, the liquefaction and transportation of gas, the extraction of bitumen from oil sands and converting it into synthetic crude oil, and wind energy.