Royal Dutch Shell (LON:RDSA) Price Target Raised to GBX 2,875 at HSBC
Royal Dutch Shell (LON:RDSA) had its price objective increased by HSBC from GBX 2,840 ($37.11) to GBX 2,875 ($37.57) in a report released on Wednesday, ThisIsMoney.Co.Uk reports. They currently have a buy rating on the stock.
A number of other equities analysts have also issued reports on the stock. JPMorgan Chase & Co. reaffirmed a top pick rating on shares of in a research report on Thursday, July 4th. Barclays reaffirmed an underweight rating on shares of in a research report on Thursday, July 4th. UBS Group reaffirmed a buy rating and set a GBX 2,900 ($37.89) target price on shares of Royal Dutch Shell in a research report on Wednesday, May 29th. Credit Suisse Group initiated coverage on shares of LTC Properties in a research report on Wednesday. They set an underperform rating and a $19.00 target price on the stock. Finally, Jefferies Financial Group boosted their target price on shares of PureTech Health from GBX 280 ($3.66) to GBX 340 ($4.44) and gave the stock a buy rating in a research report on Friday, July 5th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of GBX 2,956.25 ($38.63).
Shares of Royal Dutch Shell stock opened at GBX 2,588 ($33.82) on Wednesday. The business has a fifty day moving average price of GBX 2,532.66. The company has a debt-to-equity ratio of 46.21, a current ratio of 1.16 and a quick ratio of 0.80. Royal Dutch Shell has a 1-year low of GBX 2,209.50 ($28.87) and a 1-year high of GBX 2,708 ($35.38). The firm has a market capitalization of $112.04 billion and a PE ratio of 914.49.
About Royal Dutch Shell
Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.
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