Royal Dutch Shell (LON:RDSA)‘s stock had its “outperform” rating reaffirmed by Credit Suisse Group in a research note issued on Wednesday, June 5th, Digital Look reports. They presently have a GBX 3,175 ($41.49) price objective on the stock. Credit Suisse Group’s price target would indicate a potential upside of 23.42% from the stock’s previous close.
Other equities analysts also recently issued reports about the company. JPMorgan Chase & Co. lifted their price target on Royal Dutch Shell from GBX 2,700 ($35.28) to GBX 2,850 ($37.24) and gave the stock an “overweight” rating in a research note on Friday, April 12th. HSBC decreased their target price on Royal Dutch Shell from GBX 2,785 ($36.39) to GBX 2,710 ($35.41) and set a “hold” rating for the company in a research note on Wednesday, April 10th. UBS Group restated a “buy” rating and issued a GBX 2,900 ($37.89) target price on shares of Royal Dutch Shell in a research note on Wednesday, May 29th. Jefferies Financial Group restated a “buy” rating and issued a GBX 3,000 ($39.20) target price (up from GBX 2,950 ($38.55)) on shares of Royal Dutch Shell in a research note on Friday, May 24th. Finally, Barclays restated an “overweight” rating on shares of Royal Dutch Shell in a research note on Wednesday, March 20th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 2,976.54 ($38.89).
LON:RDSA traded down GBX 10 ($0.13) during mid-day trading on Wednesday, reaching GBX 2,572.50 ($33.61). The stock had a trading volume of 6,280,359 shares, compared to its average volume of 6,420,000. The stock has a market cap of $214.22 billion and a P/E ratio of 909.01. 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 business has a 50 day simple moving average of GBX 2,497.11. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 46.21.
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.
Further Reading: Outstanding Shares
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