Key Stock Analysts at Bernstein Reiterate their ‘”Outperform”’ rating for Royal Dutch Shell (LON:RDSA) Shares Today. Their Target Given is GBX 2360

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Royal Dutch Shell (LON:RDSA) Rating Reaffirmed

The investment house has just set a Estimated Target Price of GBX 2360 on Royal Dutch Shell (LON:RDSA) shares. This is 56.97% from the previous close. In a note distributed to Clients on Wednesday, 9 December, Bernstein reconfirmed their “Outperform” rating on shares of RDSA.

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 41.55 while the lowest target price is GBX 17.75. The mean of all analyst targets is GBX 30.35 with a 29.14% above today’s (GBX 1525.5) stock price. Royal Dutch Shell was the topic of 97 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Macquarie Research maintained shares on December 7 with “Outperform” rating. HSBC maintained shares with “Buy” rating and GBX 1960 target share price in a report from a November 26. Barclays Capital maintained RDSA stock in a recent report from December 3 with “Overweight” rating. ABN Amro maintained the rating on November 25. ABN Amro has a “Buy” rating and a GBX 2034.22 price target on shares. Finally, Bernstein maintained the stock with “Outperform” rating in a report issued on a December 1.

Approximately 3.79M shares of stock traded hands. Royal Dutch Shell Plc (LON:RDSA) has declined 25.37% since May 12, 2015 and is downtrending. It has underperformed by 24.58% the S&P500.

Key Stock Analysts at Bernstein Reiterate their ‘

Royal Dutch Shell plc is an independent gas and oil company, based in the United Kingdom. The company has a market cap of 204.36 billion GBP. It operates in three divisions: Upstream, Downstream and Corporate. It has 7.64 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.

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