Key Analysts at Barclays Didn’t Change their ‘Overweight’ rating for Royal Dutch Shell (LON:RDSA) Shares Today. Their Price Target Given is GBX 2750


Royal Dutch Shell (LON:RDSA) Rating Reaffirmed

They currently have a GBX 2750 PT on Royal Dutch Shell (LON:RDSA). The target price by Barclays would suggest a potential upside of 64.77% from the company’s current price. This has been unveiled in a note on Thursday 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 41.47 while the lowest target price is GBX 17.72. The mean of all analyst targets is GBX 30.3 with a 20.42% above today’s (GBX 1673) stock price. Royal Dutch Shell was the topic of 93 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 1 with “Outperform” rating. UBS maintained shares with “Buy” rating and GBX 2050 target share price in a report from a November 20. HSBC maintained RDSA stock in a recent report from November 26 with “Buy” rating. BNP Paribas maintained the rating on November 17. BNP Paribas has a “Outperform” rating and a GBX 1895.77 price target on shares. Finally, Credit Suisse maintained the stock with “Outperform” rating in a report issued on a November 24.

Approximately 1.36 million shares of stock traded hands. Royal Dutch Shell Plc (LON:RDSA) has declined 20.12% since May 6, 2015 and is downtrending. It has underperformed by 19.83% the S&P500.

Key Analysts at Barclays Didn't Change their ‘Overweight’ rating for Royal Dutch Shell (LON:RDSA) Shares Today. Their Price Target Given is GBX 2750

Royal Dutch Shell plc is an independent gas and oil company, based in the United Kingdom. The company has a market cap of 202.98 billion GBP. It operates in three divisions: Upstream, Downstream and Corporate. It has 8.37 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.