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Royal Dutch Shell (LON:RDSB) stock price target dropped to 2,150.00GBX, issued a ratings update today by Macquarie

Boasting a price of 2,120.75GBX, Royal Dutch Shell (LON:RDSB) traded -1.79% lower on the day. The last stock close price is down -0.58% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. The company has recorded a 50-day moving average of 2,173.57GBX and a 200-day moving average of 2,154.97GBX. 8,123,151 shares of Royal Dutch Shell traded, up from an avg. volume of 4,282,230

In a report announced on 6/21/2017 Macquarie bumped down the target price of Royal Dutch Shell (LON:RDSB) from 2,400.00GBX to 2,150.00GBX indicating a possible upside of 0.01%.

Previously on Wednesday June 14, 2017, JP Morgan Cazenove reported on Royal Dutch Shell (LON:RDSB) held steady the target price at 2,600.00GBX that suggested an upside of 0.19%.

Recent Performance Chart

Royal Dutch Shell (LON:RDSB)

Royal Dutch Shell has price-earnings ratio of 21.91 with a one year low of 1,873.50GBX and a one year high of 2,403.68GBX and has a market cap of 0 GBX.

In addition to Macquarie reporting its target price, a total of 23 brokers have issued a report on the stock. The consensus target price is 26.52GBX with 9 brokers rating the stock a strong buy, 13 brokers rating the stock a buy, 8 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:RDSB)

The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company's segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas. The Upstream segment includes the operations of Upstream, which is engaged in the exploration for and extraction of crude oil, natural gas and natural gas liquids, and the marketing and transportation of oil and gas, and Oil Sands, which is engaged in the extraction of bitumen from mined oil sands and conversion into synthetic crude oil. The Downstream segment is engaged in oil products and chemicals manufacturing, and marketing activities.

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