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RBC Capital Markets announced Royal Dutch Shell (LON:RDSA), bumping up its stock price target to 2,500.00GBX today

In a report released on 10/12/2017 RBC Capital Markets increased the stock price target of Royal Dutch Shell (LON:RDSA) to 2,500.00GBX reporting a possible upside of 0.08%.

Previously on 10/10/2017, Barclays Capital released a statement about Royal Dutch Shell (LON:RDSA) held steady the target price at 2,750.00GBX. At the time, this indicated a possible upside of 0.21%.

Just yesterday Royal Dutch Shell (LON:RDSA) traded 0.41% higher at 2,304.25GBX. Royal Dutch Shell’s 50-day moving average is 2,183.69GBX and its 200-day moving average is 2,118.67GBX. The last stock price is up 8.79% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 5,034,237 shares of RDSA traded hands, down from an average trading volume of 6,023,350

Recent Performance Chart

Royal Dutch Shell (LON:RDSA)

Royal Dutch Shell has 52 week low of 1,922.50GBX and a 52 week high of 2,320.00GBX and has a market capitalization of 0 GBX.

In addition to RBC Capital Markets reporting its stock price target, a total of 25 brokerages have issued a research note on the company. The average stock price target is 26.81GBX with 8 brokerages rating the stock a strong buy, 14 brokerages rating the stock a buy, 9 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Royal Dutch Shell (LON:RDSA)

Royal Dutch Shell plc (Shell) is an independent oil and gas company, based in the United Kingdom. It operates in three segments: Upstream, Downstream and Corporate. Upstream combines the operating segments Upstream International and Upstream Americas, which are engaged in searching for and recovering crude oil and natural gas, the liquefaction and transportation of gas, the extraction of bitumen from oil sands and converting it into synthetic crude oil, and wind energy. Downstream segment is engaged in manufacturing, distribution and marketing activities for oil products and chemicals, alternative energy (excluding wind), and carbon dioxide (CO2) management. Corporate segment represents the key support functions, such as Shell's holdings, treasury and self-insurance organization. In January 2014, Royal Dutch Shell plc completed the acquisition of Repsol S.A.'s liquefied natural gas (LNG) portfolio outside North America. In June 2014, Shell sold 19% in Woodside Petroleum Limited.

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