Royal Dutch Shell (LON:RDSA) has been assigned a GBX 3,250 ($43.27) target price by equities researchers at Barclays in a research note issued to investors on Monday. The firm currently has a “buy” rating on the stock. Barclays’ price target suggests a potential upside of 24.50% from the company’s current price.
Several other equities research analysts have also commented on the company. Jefferies Financial Group upped their price objective on Royal Dutch Shell from GBX 2,720 ($36.21) to GBX 3,180 ($42.34) and gave the stock a “buy” rating in a research report on Thursday, April 26th. Deutsche Bank restated a “buy” rating on shares of Royal Dutch Shell in a research report on Friday, April 6th. Morgan Stanley restated an “overweight” rating and issued a GBX 2,830 ($37.68) price objective on shares of Royal Dutch Shell in a research report on Wednesday, March 28th. Citigroup reiterated a “sell” rating and set a GBX 2,200 ($29.29) target price on shares of Royal Dutch Shell in a research report on Thursday, March 22nd. Finally, Credit Suisse Group reiterated an “outperform” rating and set a GBX 2,725 ($36.28) target price on shares of Royal Dutch Shell in a research report on Tuesday, March 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of GBX 2,768.77 ($36.86).
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Royal Dutch Shell opened at GBX 2,610.50 ($34.76) on Monday, MarketBeat Ratings reports. Royal Dutch Shell has a 12 month low of GBX 1,982.50 ($26.39) and a 12 month high of GBX 2,579.50 ($34.34).
About Royal Dutch Shell
Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for and extracts crude oil, natural gas, and natural gas liquids. The company also liquefies gas; converts natural gas to liquids to provide fuels and other products; markets and transports oil and gas; and extracts bitumen from mined oil sands and converts it to synthetic crude oil.