Home / Royal Mail / Royal Dutch Shell (LON:RDSB) Rating Reiterated by Barclays

Royal Dutch Shell (LON:RDSB) Rating Reiterated by Barclays

Royal Dutch Shell (LON:RDSB)‘s stock had its “overweight” rating reissued by stock analysts at Barclays in a research report issued to clients and investors on Thursday, July 4th, ThisIsMoney.Co.Uk reports.

A number of other research firms have also recently commented on RDSB. HSBC reaffirmed a “hold” rating on shares of Royal Mail in a research note on Friday, June 7th. Deutsche Bank set a €95.00 ($110.47) price target on shares of Beiersdorf and gave the stock a “neutral” rating in a research note on Tuesday, May 14th. UBS Group reaffirmed a “buy” rating and set a $190.00 price target on shares of salesforce.com in a research note on Wednesday, June 5th. JPMorgan Chase & Co. lifted their price target on shares of from GBX 385 ($5.03) to GBX 480 ($6.27) and gave the stock an “overweight” rating in a research note on Wednesday, July 3rd. Finally, Goldman Sachs Group raised shares of to a “buy” rating and set a GBX 1,180 ($15.42) price target for the company in a research note on Tuesday, June 4th. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 2,996.54 ($39.16).

Shares of RDSB stock traded up GBX 11.50 ($0.15) during trading hours on Thursday, reaching GBX 2,554 ($33.37). 3,189,093 shares of the stock were exchanged, compared to its average volume of 5,080,000. Royal Dutch Shell has a 12-month low of GBX 2,227 ($29.10) and a 12-month high of GBX 2,757.50 ($36.03). The company has a debt-to-equity ratio of 46.21, a current ratio of 1.16 and a quick ratio of 0.80. The stock’s 50-day moving average is GBX 2,568.49. The company has a market cap of $95.66 billion and a price-to-earnings ratio of 9.02.

About Royal Dutch Shell

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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