Royal Dutch Shell (LON:RDSA) had its target price decreased by research analysts at Oddo Securities from GBX 2,750 ($35.93) to GBX 2,650 ($34.63) in a research report issued on Friday, November 1st, ThisIsMoney.Co.Uk reports. The firm currently has a “buy” rating on the stock. Oddo Securities’ target price points to a potential upside of 13.20% from the company’s previous close.
A number of other equities analysts have also recently issued reports on RDSA. Deutsche Bank reissued a “buy” rating on shares of Royal Dutch Shell in a report on Friday, July 12th. Barclays cut their target price on shares of Royal Dutch Shell from GBX 3,100 ($40.51) to GBX 3,000 ($39.20) and set an “equal weight” rating on the stock in a report on Wednesday, October 2nd. AlphaValue cut shares of Royal Dutch Shell to an “add” rating and cut their target price for the stock from GBX 2,890 ($37.76) to GBX 2,673 ($34.93) in a report on Monday, August 12th. Morgan Stanley reissued an “equal weight” rating and issued a GBX 2,490 ($32.54) target price on shares of Royal Dutch Shell in a report on Friday, July 12th. Finally, Jefferies Financial Group cut their target price on shares of Royal Dutch Shell from GBX 2,900 ($37.89) to GBX 2,780 ($36.33) and set a “buy” rating on the stock in a report on Thursday, October 17th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of GBX 2,727.30 ($35.64).
Shares of RDSA stock traded down GBX 1.50 ($0.02) during trading hours on Friday, hitting GBX 2,341 ($30.59). 5,070,812 shares of the company were exchanged, compared to its average volume of 6,420,000. The company has a debt-to-equity ratio of 46.18, a quick ratio of 0.75 and a current ratio of 1.15. The business’s 50-day simple moving average is GBX 2,313.92 and its two-hundred day simple moving average is GBX 2,420.88. Royal Dutch Shell has a one year low of GBX 26.09 ($0.34) and a one year high of GBX 2,637.50 ($34.46). The stock has a market capitalization of $98.99 billion and a price-to-earnings ratio of 932.30.
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.
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