Royal Dutch Shell (LON:RDSA) PT Set at GBX 3,350 by Credit Suisse Group

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Royal Dutch Shell (LON:RDSA) received a GBX 3,350 ($43.37) price objective from equities research analysts at Credit Suisse Group in a research note issued on Thursday, July 19th. The brokerage presently has a “buy” rating on the stock. Credit Suisse Group’s price target would suggest a potential upside of 32.36% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Deutsche Bank reaffirmed a “buy” rating on shares of Royal Dutch Shell in a research note on Friday, April 6th. Jefferies Financial Group increased their price target on Royal Dutch Shell from GBX 2,720 ($35.21) to GBX 3,180 ($41.17) and gave the company a “buy” rating in a research report on Thursday, April 26th. JPMorgan Chase & Co. set a GBX 3,000 ($38.83) price target on Royal Dutch Shell and gave the company a “buy” rating in a research report on Monday, June 11th. UBS Group reissued a “buy” rating and set a GBX 3,000 ($38.83) price target on shares of Royal Dutch Shell in a research report on Tuesday, June 19th. Finally, Royal Bank of Canada set a GBX 3,000 ($38.83) price target on Royal Dutch Shell and gave the company a “buy” rating in a research report on Monday, July 2nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of GBX 2,903.24 ($37.58).

LON RDSA traded up GBX 49.50 ($0.64) during trading on Thursday, hitting GBX 2,531 ($32.76). The company’s stock had a trading volume of 4,139,768 shares, compared to its average volume of 6,420,000. Royal Dutch Shell has a 52 week low of GBX 1,982.50 ($25.66) and a 52 week high of GBX 2,579.50 ($33.39).

Royal Dutch Shell Company Profile

Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for and extracts crude oil, natural gas, and natural gas liquids. The company also liquefies gas; converts natural gas to liquids to provide fuels and other products; markets and transports oil and gas; and extracts bitumen from mined oil sands and converts it to synthetic crude oil.

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Analyst Recommendations for Royal Dutch Shell (LON:RDSA)

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