Royal Dutch Shell (RDSB) Given a GBX 2,675 Price Target by UBS Group Analysts
Royal Dutch Shell (LON:RDSB) has been assigned a GBX 2,675 ($35.77) target price by equities research analysts at UBS Group in a research report issued on Tuesday. The brokerage presently has a “buy” rating on the stock. UBS Group’s price target suggests a potential upside of 7.54% from the company’s previous close.
Other equities research analysts also recently issued reports about the stock. Beaufort Securities reiterated a “buy” rating and set a GBX 2,500 ($33.43) price target on shares of Royal Dutch Shell in a report on Thursday, September 21st. Goldman Sachs Group set a GBX 2,520 ($33.69) price target on shares of Royal Dutch Shell and gave the stock a “buy” rating in a report on Monday, September 11th. BNP Paribas set a GBX 2,400 ($32.09) price target on shares of Royal Dutch Shell and gave the stock a “buy” rating in a report on Tuesday, September 5th. Deutsche Bank set a GBX 2,450 ($32.76) price target on shares of Royal Dutch Shell and gave the stock a “buy” rating in a report on Monday, September 4th. Finally, JPMorgan Chase & Co. set a GBX 2,400 ($32.09) price target on shares of Royal Dutch Shell and gave the stock a “buy” rating in a report on Thursday, August 31st. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and fifteen have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of GBX 2,582.11 ($34.52).
Shares of Royal Dutch Shell (LON:RDSB) opened at GBX 2,487.50 ($33.26) on Tuesday. The company has a market capitalization of $230,490.00 and a P/E ratio of 2,282.11. Royal Dutch Shell has a one year low of GBX 2,037 ($27.24) and a one year high of GBX 2,580.53 ($34.50).
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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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