Royal Dutch Shell (RDSB) Rating Reiterated by Royal Bank of Canada

Royal Bank of Canada restated their outperform rating on shares of Royal Dutch Shell (LON:RDSB) in a report released on Tuesday, January 2nd. Royal Bank of Canada currently has a GBX 2,800 ($37.97) price target on the stock.

A number of other analysts have also weighed in on the stock. UBS Group set a GBX 2,675 ($36.28) price target on shares of Royal Dutch Shell and gave the company a buy rating in a report on Tuesday, December 26th. Jefferies Group raised their price target on shares of Royal Dutch Shell from GBX 2,650 ($35.94) to GBX 2,720 ($36.89) and gave the company a buy rating in a report on Wednesday, December 20th. Goldman Sachs Group set a GBX 2,790 ($37.84) price target on shares of Royal Dutch Shell and gave the company a buy rating in a report on Thursday, December 14th. JPMorgan Chase & Co. set a GBX 2,850 ($38.65) price target on shares of Royal Dutch Shell and gave the company a buy rating in a report on Friday, December 8th. Finally, Barclays reissued an overweight rating and issued a GBX 3,000 ($40.68) price target on shares of Royal Dutch Shell in a report on Tuesday, December 5th. Two investment 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. Royal Dutch Shell has a consensus rating of Buy and a consensus price target of GBX 2,589.47 ($35.12).

Shares of Royal Dutch Shell (LON:RDSB) opened at GBX 2,560 ($34.72) on Tuesday. The firm has a market cap of $239,050.00 and a P/E ratio of 2,415.09. Royal Dutch Shell has a fifty-two week low of GBX 2,037 ($27.62) and a fifty-two week high of GBX 2,617 ($35.49).

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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.

Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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