Home / Royal Mail / Royal Dutch Shell (LON:RDSB) Earns Overweight Rating from Barclays

Royal Dutch Shell (LON:RDSB) Earns Overweight Rating from Barclays

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

Other research analysts also recently issued reports about the stock. Credit Suisse Group reaffirmed an “outperform” rating on shares of in a research report on Wednesday, June 5th. Societe Generale raised shares of Royal Dutch Shell to a “buy” rating in a research report on Friday, May 31st. HSBC reiterated a “hold” rating on shares of Royal Mail in a research note on Friday, June 7th. Goldman Sachs Group upgraded shares of to a “buy” rating and set a GBX 1,180 ($15.42) target price for the company in a research note on Tuesday, June 4th. Finally, Morgan Stanley set a €9.00 ($10.47) target price on shares of Commerzbank and gave the stock a “neutral” rating in a research note on Thursday, May 9th. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Royal Dutch Shell has a consensus rating of “Buy” and an average target price of GBX 2,996.54 ($39.16).

Shares of LON:RDSB traded up GBX 11.50 ($0.15) during trading hours on Thursday, reaching GBX 2,554 ($33.37). The stock had a trading volume of 3,048,927 shares, compared to its average volume of 5,080,000. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 46.21. The business’s 50 day moving average is GBX 2,567.74. The stock has a market cap of $95.66 billion and a PE ratio of 9.02. Royal Dutch Shell has a 1 year low of GBX 2,227 ($29.10) and a 1 year high of GBX 2,757.50 ($36.03).

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.

Featured Article: What are popular range trading strategies?

Analyst Recommendations for Royal Dutch Shell (LON:RDSB)



Receive News & Ratings for Royal Dutch Shell Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Royal Dutch Shell and related companies with MarketBeat.com’s FREE daily email newsletter.


Source link

About admin

Check Also

Royal Mail issues urgent warning to UK households who use first class stamps

Royal Mail has issued a warning to people sending first class post today. Royal Mail …

Leave a Reply

Your email address will not be published. Required fields are marked *