Breaking: Royal Dutch Shell (LON:RDSB) “Hold” Rating Maintained by research analysts Canaccord Genuity Today; The Target Price per Share Provided Is GBX 1775.00

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Royal Dutch Shell (LON:RDSB) Rating Reaffirmed

London: In a recent report issued to clients on 14 December, Canaccord Genuity reiterated their “Hold” rating on Royal Dutch Shell (LON:RDSB) shares. They now have a GBX 1775.00 PT on the company. Canaccord Genuity’s target would now indicate a potential upside of 22.08% from the company’s current price.

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 41.75 while the lowest target price is GBX 21.25. The mean of all analyst targets is GBX 30.06 with a 38.46% above today’s (GBX 1460.5) stock price. Royal Dutch Shell was the topic of 26 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 14 with “Hold” rating. RBC Capital Markets maintained shares with “Outperform” rating and GBX 2025 target share price in a report from a November 9. Barclays Capital maintained RDSB stock in a recent report from December 1 with “Overweight” rating. HSBC maintained the rating on October 15. HSBC has a “Buy” rating and a GBX 1925 price target on shares. Finally, Nomura maintained the stock with “Buy” rating in a report issued on a November 19.

Approximately 2.38M shares of stock traded hands. Royal Dutch Shell Plc (LON:RDSB) has declined 27.94% since May 15, 2015 and is downtrending. It has underperformed by 23.52% the S&P500.

Breaking: Royal Dutch Shell (LON:RDSB)

Royal Dutch Shell plc is an independent gas and oil company. The company has a market cap of 126.70 billion GBP. The Firm is engaged in the principal aspects of the gas and oil industry in more than 70 countries. It has 66.16 P/E ratio. The Firm operates in three divisions: Upstream, Downstream and Corporate.

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