Breaking Finance News

Royal Dutch Shell (LON:RDSA) target price lowered to 2,150.00GBX, reported today by Macquarie

Yesterday Royal Dutch Shell (LON:RDSA) traded -1.91% lower at 2,083.25GBX. The company’s 50-day moving average is 2,140.54GBX and its 200-day moving average is 2,102.92GBX. The last stock close price is down -0.02% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 9,579,785 shares of the stock were exchanged, up from an average trading volume of 5,331,730

Royal Dutch Shell (LON:RDSA) had its price target reduced to 2,150.00GBX by Macquarie in a report issued 6/21/2017. The reduced target suggests a potential upside of 0.03% based on the company's last closing price.

Previously on 6/20/2017, Barclays Capital reported on Royal Dutch Shell (LON:RDSA) held steady the target price at 2,750.00GBX. At the time, this indicated a possible upside of 0.30%.

See Chart Below

Royal Dutch Shell (LON:RDSA)

Royal Dutch Shell has a 52 week low of 1,791.00GBX and a 52 week high of 2,295.50GBX The company’s market cap is currently 0 GBX.

In addition to Macquarie reporting its target price, a total of 25 firms have reported on the stock. The consensus target price is 26.81GBX with 8 firms rating the stock a strong buy, 14 firms rating the stock a buy, 9 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *