Royal Dutch Shell PLC Royal Dut (NASDAQ:RDS-A) target price raised to $50.55, reported today by Canaccord Genuity
- Updated: October 14, 2016
Royal Dutch Shell PLC Royal Dut (NASDAQ:RDS-A) had its stock price target increased to $50.55 by Canaccord Genuity in a report issued 10/14/2016. The updated stock price target implies doubtful upside the company's most recent close.
Boasting a price of $0.00, Royal Dutch Shell PLC Royal Dut (NASDAQ:RDS-A) traded 0.00% even on the day. With the last close down -0.67% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Royal Dutch Shell PLC Royal Dut has recorded a 50-day average of $49.45 and a two hundred day average of $50.89. Volume of trade was down over the average, with 3,600 shares of RDS-A changing hands under the typical 4,792,240
With a total market value of $0, Royal Dutch Shell PLC Royal Dut has with a one year low of $35.80 and a one year high of $56.41 .
More About Royal Dutch Shell PLC Royal Dut (NASDAQ:RDS-A)
Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids. It also converts natural gas to liquids to provide fuels and other products; markets and trades crude oil and natural gas; transports oil; liquefies and transports gas; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy. In addition, the company engages in the conversion of crude oil into a range of refined products, including gasoline, diesel, heating oil, aviation fuel, marine fuel, liquefied natural gas (LNG) for transport, lubricants, bitumen, and sulphur; production and sale of petrochemicals for industrial customers; refining; trading and supply; pipelines and marketing; and alternative energy businesses. Further, it is involved in the exploration, development, production, liquefaction, and marketing of hydrocarbons; purchase, sale, and shipping of LNG and regasified natural gas; and production of base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. The company holds interests in approximately 23 refineries; 100 distribution terminals; and 770 supply points. It sells fuels under the Shell V-Power brand. Royal Dutch Shell plc was founded in 1907 and is headquartered in The Hague, the Netherlands.
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