Royal Dutch Shell (LON:RDSA) Rating Reaffirmed
The equities firm has just set a target PPS of GBX 1985.00 on Royal Dutch Shell (LON:RDSA) shares. This is 35.49% from the price per share. In an analyst note sent to investors on Friday, 18 December, Exane BNP Paribas has decided to reaffirm their Outperform rating on shares of RDSA.
From a total of 14 analysts covering Royal Dutch Shell (LON:RDSA) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 41.25 while the lowest target price is GBX 17.62. The mean of all analyst targets is GBX 30.15 with a 35.87% above today’s (GBX 1450) stock price. Royal Dutch Shell was the topic of 100 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 15 with “Outperform” 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.
The stock closed the day at GBX 1450 during the previous session. It is down 26.95% since May 21, 2015 and is downtrending. It has underperformed by 24.69% 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 203.27 billion GBP. It operates in three divisions: Upstream, Downstream and Corporate. It has 7.26 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.