Royal Dutch Shell (LON:RDSA) Rating Reaffirmed
Royal Dutch Shell (LON:RDSA) just had their share rating of a ‘Overweight’ issued by research analysts at Barclays, who now has a GBX 2750 target PPS on the 201.66B GBP market cap company or a 89.20% upside potential. This key information was announced in a recent report on Monday morning.
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 41.75 while the lowest target price is GBX 17.84. The mean of all analyst targets is GBX 30.48 with a 35.49% above today’s (GBX 1454) stock price. Royal Dutch Shell was the topic of 98 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 9 with “Outperform” rating. HSBC maintained shares with “Buy” rating and GBX 1960 target share price in a report from a November 26. UBS maintained RDSA stock in a recent report from December 4 with “Buy” 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, Liberum Capital maintained the stock with “Hold” rating in a report issued on a December 3.
Approximately 2.22 million shares of stock traded hands. Royal Dutch Shell Plc (LON:RDSA) has declined 27.01% since May 15, 2015 and is downtrending. It has underperformed by 22.60% 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 201.66 billion GBP. It operates in three divisions: Upstream, Downstream and Corporate. It has 7.28 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.