Royal Dutch Shell (LON:RDSB) received a GBX 2,800 ($39.58) price target from investment analysts at Deutsche Bank in a research note issued on Wednesday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s target price would suggest a potential upside of 16.45% from the company’s current price.
Other analysts also recently issued reports about the stock. UBS set a GBX 2,675 ($37.81) price target on shares of Royal Dutch Shell and gave the stock a “buy” rating in a report on Tuesday, December 26th. Jefferies Group increased their price target on shares of Royal Dutch Shell from GBX 2,650 ($37.46) to GBX 2,720 ($38.45) and gave the stock a “buy” rating in a report on Wednesday, December 20th. Goldman Sachs set a GBX 2,790 ($39.43) price target on shares of Royal Dutch Shell and gave the stock a “buy” rating in a report on Thursday, December 14th. Kepler Capital Markets reissued a “buy” rating on shares of Royal Dutch Shell in a report on Thursday, January 18th. Finally, Credit Suisse Group set a GBX 2,725 ($38.52) price target on shares of Royal Dutch Shell and gave the stock a “buy” rating in a report on Friday, January 5th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and sixteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 2,626.58 ($37.12).
Shares of LON RDSB opened at GBX 2,404.50 ($33.99) on Wednesday. Royal Dutch Shell has a 1 year low of GBX 2,037 ($28.79) and a 1 year high of GBX 2,617 ($36.99).
Royal Dutch Shell Company Profile
The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.
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