Barclays reissued their overweight rating on shares of Royal Dutch Shell (LON:RDSA) in a research note released on Tuesday. The brokerage currently has a GBX 3,000 ($41.45) price objective on the stock.
A number of other equities analysts have also recently issued reports on the stock. Citigroup reaffirmed a sell rating and issued a GBX 2,050 ($28.32) price objective on shares of Royal Dutch Shell in a research note on Wednesday, November 29th. Morgan Stanley reaffirmed an overweight rating and issued a GBX 2,930 ($40.48) price objective on shares of Royal Dutch Shell in a research note on Wednesday, November 29th. Credit Suisse Group reaffirmed an outperform rating and issued a GBX 2,725 ($37.65) price objective on shares of Royal Dutch Shell in a research note on Thursday, February 1st. JPMorgan Chase & Co. reaffirmed an overweight rating and issued a GBX 2,950 ($40.76) price objective on shares of Royal Dutch Shell in a research note on Wednesday, February 14th. Finally, HSBC cut shares of Royal Dutch Shell to a hold rating and set a GBX 2,600 ($35.92) price objective on the stock. in a research note on Tuesday, November 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company’s stock. Royal Dutch Shell currently has an average rating of Buy and a consensus target price of GBX 2,633.33 ($36.38).
Shares of Royal Dutch Shell (LON RDSA) opened at GBX 2,256 ($31.17) on Tuesday. Royal Dutch Shell has a 52 week low of GBX 1,982.50 ($27.39) and a 52 week high of GBX 2,579.50 ($35.64). The company has a market cap of $202,830.00 and a P/E ratio of 1,128.00.
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