JPMorgan Chase & Co. set a GBX 1,700 ($20.92) price target on Royal Dutch Shell (LON:RDSB) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
RDSB has been the topic of several other research reports. Goldman Sachs Group set a GBX 1,810 ($22.27) price target on Royal Dutch Shell and gave the company a buy rating in a research note on Thursday. Barclays reaffirmed an equal weight rating on shares of Royal Dutch Shell in a research note on Thursday, July 2nd. Morgan Stanley reaffirmed a neutral rating and set a GBX 1,160 ($14.28) price target on shares of Royal Dutch Shell in a research note on Monday, April 20th. Berenberg Bank reaffirmed a neutral rating and set a GBX 1,440 ($17.72) price target on shares of Royal Dutch Shell in a research note on Tuesday, June 30th. Finally, Royal Bank of Canada set a GBX 2,000 ($24.61) price target on Royal Dutch Shell and gave the company a buy rating in a research note on Thursday. Seven analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock presently has an average rating of Buy and an average price target of GBX 1,812.95 ($22.31).
Shares of RDSB stock opened at GBX 1,080.80 ($13.30) on Thursday. The stock’s fifty day moving average is GBX 1,249.86 and its 200-day moving average is GBX 1,484.09. The company has a debt-to-equity ratio of 51.84, a quick ratio of 0.77 and a current ratio of 1.12. The stock has a market capitalization of $40.06 billion and a PE ratio of 8.84. Royal Dutch Shell has a 52 week low of GBX 8.89 ($0.11) and a 52 week high of GBX 2,641 ($32.50).
Royal Dutch Shell Company Profile
Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.
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