Royal Dutch Shell (LON:RDSA) target price raised to 2,220.00GBX, reported today by Deutsche Bank
- Updated: October 18, 2016
Royal Dutch Shell (LON:RDSA) had its target price raised to 2,220.00GBX by Deutsche Bank in a report released 10/18/2016. The new target price indicates a possible upside of 0.08% based on the company's last stock close price.
Previously on 10/17/2016, Barclays Capital reported about Royal Dutch Shell (LON:RDSA) held steady the target price at 2,600.00GBX. At the time, this indicated a possible upside of 0.26%.
Yesterday Royal Dutch Shell (LON:RDSA) traded 0.20% higher at 2,053.75GBX. The company’s 50-day moving average is 1,916.86GBX and its 200-day moving average is 1,861.82GBX. The last stock close price is up 10.32% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 3,587,947 shares of the stock were exchanged, down from an average trading volume of 6,292,190
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Royal Dutch Shell has a 52 week low of 1,256.00GBX and a 52 week high of 2,140.00GBX The company’s market cap is currently 0 GBX.
In addition to Deutsche Bank 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.
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