Royal Dutch Shell (LON:RDSB) Stock Rating Reaffirmed by Berenberg Bank

Royal Dutch Shell (LON:RDSB)‘s stock had its “hold” rating restated by stock analysts at Berenberg Bank in a report released on Tuesday, Stock Target Advisor reports.

A number of other equities analysts also recently commented on RDSB. Oddo Bhf set a GBX 2,650 ($34.63) price objective on Royal Dutch Shell and gave the stock a “buy” rating in a report on Friday, November 1st. Credit Suisse Group set a GBX 2,800 ($36.59) price objective on Royal Dutch Shell and gave the stock a “buy” rating in a report on Friday, November 1st. UBS Group set a GBX 2,750 ($35.93) price objective on Royal Dutch Shell and gave the stock a “buy” rating in a report on Monday, November 4th. Goldman Sachs Group set a GBX 3,200 ($41.81) price objective on Royal Dutch Shell and gave the stock a “buy” rating in a report on Thursday, October 31st. Finally, Jefferies Financial Group dropped their price objective on Royal Dutch Shell from GBX 2,900 ($37.89) to GBX 2,780 ($36.33) and set a “buy” rating on the stock in a report on Thursday, October 17th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 2,810 ($36.72).

LON:RDSB opened at GBX 2,248.27 ($29.38) on Tuesday. The stock’s 50 day moving average price is GBX 2,293.15 and its 200 day moving average price is GBX 2,414.27. Royal Dutch Shell has a 52 week low of GBX 8.89 ($0.12) and a 52 week high of GBX 2,647 ($34.59). The company has a market capitalization of $83.55 billion and a P/E ratio of 8.95. The company has a debt-to-equity ratio of 46.18, a quick ratio of 0.75 and a current ratio of 1.15.

Royal Dutch Shell Company Profile

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.

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Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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