Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “buy” rating restated by investment analysts at Goldman Sachs Group, Inc. (The) in a research report issued on Monday, October 2nd. They currently have a GBX 2,580 ($33.92) target price on the stock. Goldman Sachs Group, Inc. (The)’s price objective would suggest a potential upside of 10.82% from the company’s current price.

A number of other brokerages also recently commented on RDSB. UBS AG set a GBX 2,550 ($33.53) price objective on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Monday, June 19th. J P Morgan Chase & Co set a GBX 2,400 ($31.55) price objective on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Wednesday, August 9th. HSBC Holdings plc reissued a “buy” rating and issued a GBX 2,500 ($32.87) price objective on shares of Royal Dutch Shell Plc in a research report on Monday, June 26th. Jefferies Group LLC set a GBX 2,470 ($32.47) price objective on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Tuesday, August 29th. Finally, Barclays PLC reissued an “overweight” rating and issued a GBX 2,750 ($36.16) price objective on shares of Royal Dutch Shell Plc in a research report on Monday, October 2nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and sixteen have given a buy rating to the stock. Royal Dutch Shell Plc currently has a consensus rating of “Buy” and a consensus price target of GBX 2,420.79 ($31.83).

Royal Dutch Shell Plc (LON RDSB) traded down 0.09% during mid-day trading on Monday, reaching GBX 2328.00. The company’s stock had a trading volume of 4,461,829 shares. The company has a 50-day moving average price of GBX 2,231.39 and a 200-day moving average price of GBX 2,165.37. The firm’s market cap is GBX 191.20 billion. Royal Dutch Shell Plc has a 12-month low of GBX 2,006.00 and a 12-month high of GBX 2,403.68.

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About Royal Dutch Shell Plc

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 Plc (LON:RDSB)

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