Royal Dutch Shell (LON:RDSB) has been assigned a GBX 2,830 ($39.10) target price by stock analysts at Morgan Stanley in a research note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Morgan Stanley’s price objective would indicate a potential upside of 22.30% from the company’s current price.

Several other brokerages have also issued reports on RDSB. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 2,950 ($40.76) price objective on shares of Royal Dutch Shell in a report on Tuesday, January 30th. Macquarie reiterated a “neutral” rating and set a GBX 2,150 ($29.70) price objective on shares of Royal Dutch Shell in a report on Thursday, October 26th. Deutsche Bank increased their target price on shares of Royal Dutch Shell from GBX 2,450 ($33.85) to GBX 2,675 ($36.96) and gave the stock a “buy” rating in a research report on Monday, November 6th. UBS Group set a GBX 2,675 ($36.96) target price on shares of Royal Dutch Shell and gave the stock a “buy” rating in a research report on Monday, December 4th. Finally, Goldman Sachs Group reissued a “buy” rating on shares of Royal Dutch Shell in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and fifteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 2,615.26 ($36.13).

Shares of Royal Dutch Shell (LON:RDSB) opened at GBX 2,314 ($31.97) on Tuesday. Royal Dutch Shell has a 1-year low of GBX 2,037 ($28.14) and a 1-year high of GBX 2,617 ($36.16). The stock has a market capitalization of $216,690.00 and a price-to-earnings ratio of 1,822.05.

TRADEMARK VIOLATION WARNING: This report was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this report on another site, it was stolen and reposted in violation of US and international trademark & copyright law. The legal version of this report can be accessed at https://theolympiareport.com/2018/02/15/royal-dutch-shell-rdsb-given-a-gbx-2830-price-target-at-morgan-stanley.html.

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)

Receive News & Ratings for Royal Dutch Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell and related companies with MarketBeat.com's FREE daily email newsletter.