Royal Dutch Shell (LON:RDSA) Rating Reaffirmed
Bernstein now has a GBX 2360 Estimated Target Price on the 209.29 billion GBP market cap company or 61.15% upside potential. In a very recent research note announced on Tuesday, 15 December, Royal Dutch Shell (LON:RDSA) shares have had their “Outperform” Rating reaffirmed by research analysts at Bernstein.
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 34.85% above today’s (GBX 1461) stock price. Royal Dutch Shell was the topic of 99 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on December 14 with “Overweight” rating. HSBC maintained shares with “Buy” rating and GBX 1960 target share price in a report from a November 26. Macquarie Research maintained RDSA stock in a recent report from December 7 with “Outperform” 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 1.96M shares of stock traded hands. Royal Dutch Shell Plc (LON:RDSA) has declined 28.41% since May 18, 2015 and is downtrending. It has underperformed by 24.74% 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 209.36 billion GBP. It operates in three divisions: Upstream, Downstream and Corporate. It has 7.31 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.