Royal Dutch Shell Plc Stock Rating Reaffirmed by Deutsche Bank (RDSA)

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Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “hold” rating reaffirmed by Deutsche Bank in a research note issued on Friday. They currently have a GBX 2,550 ($42.89) price objective on the stock. Deutsche Bank’s price target indicates a potential upside of 7.67% from the stock’s previous close.

A number of other analysts have also recently weighed in on RDSA. Analysts at Liberum Capital reiterated a “hold” rating on shares of Royal Dutch Shell Plc in a research note on Friday, May 9th. Separately, analysts at Credit Suisse raised their price target on shares of Royal Dutch Shell Plc from GBX 2,450 ($41.21) to GBX 2,550 ($42.89) in a research note on Tuesday, May 6th. They now have an “outperform” rating on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of Royal Dutch Shell Plc from GBX 2,250 ($37.85) to GBX 2,350 ($39.53) in a research note on Thursday, May 1st. They now have a “neutral” rating on the stock. One analyst has rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the stock. Royal Dutch Shell Plc currently has a consensus rating of “Hold” and a consensus price target of GBX 2,305.63 ($38.78).

Shares of Royal Dutch Shell Plc (LON:RDSA) opened at 2370.00 on Friday. Royal Dutch Shell Plc has a 1-year low of GBX 1975.00 and a 1-year high of GBX 2864.00. The stock’s 50-day moving average is GBX 2181. and its 200-day moving average is GBX 2116.. The company’s market cap is £149.8 billion.

Royal Dutch Shell plc (LON:RDSA) is an independent oil and gas company, based in the United Kingdom.

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