Royal Dutch Shell (RDSA) Stock Rating Reaffirmed by BNP Paribas

Royal Dutch Shell (LON:RDSA)‘s stock had its “outperform” rating restated by stock analysts at BNP Paribas in a report issued on Monday. They currently have a GBX 2,800 ($39.26) target price on the stock. BNP Paribas’ target price points to a potential upside of 22.65% from the company’s previous close.

Several other analysts have also recently commented on the stock. Citigroup reaffirmed a “sell” rating and issued a GBX 2,050 ($28.74) target price on shares of Royal Dutch Shell in a research note on Wednesday, November 29th. Barclays reaffirmed an “overweight” rating and issued a GBX 2,850 ($39.96) target price on shares of Royal Dutch Shell in a research note on Friday, November 24th. Morgan Stanley lifted their target price on shares of Royal Dutch Shell from GBX 2,930 ($41.08) to GBX 3,040 ($42.62) and gave the stock a “top pick” rating in a research note on Monday, January 8th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 2,650 ($37.16) price objective on shares of Royal Dutch Shell in a research note on Thursday, November 9th. Finally, Jefferies Group reissued a “buy” rating and set a GBX 2,720 ($38.14) price objective (up from GBX 2,650 ($37.16)) on shares of Royal Dutch Shell in a research note on Monday, December 18th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Royal Dutch Shell currently has an average rating of “Buy” and a consensus target price of GBX 2,639.23 ($37.01).

Shares of Royal Dutch Shell (LON:RDSA) opened at GBX 2,283 ($32.01) on Monday. The company has a market cap of $203,270.00 and a P/E ratio of 1,141.50. Royal Dutch Shell has a 12 month low of GBX 1,982.50 ($27.80) and a 12 month high of GBX 2,579.50 ($36.17).

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Analyst Recommendations for Royal Dutch Shell (LON:RDSA)

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