Royal Dutch Shell (LON:RDSA) Rating Reaffirmed
In an analyst research report made public this morning, ABN Amro Bank N.V. reiterated their Buy rating on Royal Dutch Shell (LON:RDSA) shares. The Estimated Target Price indicates a possible upside of 43.25% from company’s price per share.
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 35.09% above today’s (GBX 1461.5) stock price. Royal Dutch Shell was the topic of 101 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. BNP Paribas maintained shares on December 18 with “Outperform” rating. Liberum Capital maintained shares with “Hold” rating and GBX 1185 target share price in a report from a December 3. Barclays Capital maintained RDSA stock in a recent report from December 14 with “Overweight” rating. HSBC maintained the rating on November 26. HSBC has a “Buy” rating and a GBX 1960 price target on shares. Finally, UBS maintained the stock with “Buy” rating in a report issued on a December 4.
Approximately 3.47M shares of stock traded hands. Royal Dutch Shell Plc (LON:RDSA) has declined 25.73% since May 22, 2015 and is downtrending. It has underperformed by 19.92% 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 202.99 billion GBP. It operates in three divisions: Upstream, Downstream and Corporate. It has 7.32 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.