Royal Dutch Shell Plc (RDSB) PT Set at GBX 2,580 by Goldman Sachs Group, Inc. (The)

Royal Dutch Shell Plc (LON:RDSB) received a GBX 2,580 ($34.05) price target from research analysts at Goldman Sachs Group, Inc. (The) in a research report issued to clients and investors on Friday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group, Inc. (The)’s price objective would suggest a potential upside of 4.39% from the company’s current price.

A number of other equities research analysts have also weighed in on the stock. Deutsche Bank AG set a GBX 2,450 ($32.33) target price on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research note on Monday, September 4th. J P Morgan Chase & Co set a GBX 2,400 ($31.67) target price on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research note on Thursday, August 31st. Canaccord Genuity lifted their target price on shares of Royal Dutch Shell Plc from GBX 1,900 ($25.07) to GBX 2,000 ($26.39) and gave the company a “sell” rating in a research note on Wednesday, October 11th. BNP Paribas set a GBX 2,400 ($31.67) target price on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research note on Tuesday, September 5th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 2,500 ($32.99) target price on shares of Royal Dutch Shell Plc in a research note on Monday, October 23rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the company. Royal Dutch Shell Plc currently has a consensus rating of “Buy” and an average price target of GBX 2,497.06 ($32.95).

Royal Dutch Shell Plc (RDSB) opened at GBX 2,471.50 ($32.61) on Friday. Royal Dutch Shell Plc has a 52-week low of GBX 2,006 ($26.47) and a 52-week high of GBX 2,501 ($33.00).

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Royal Dutch Shell Plc 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.

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