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Royal Dutch Shell (LON:RDSB)‘s stock had its “overweight” rating reaffirmed by research analysts at Barclays in a research note issued to investors on Thursday, July 4th, ThisIsMoney.Co.Uk reports.
Several other analysts also recently commented on RDSB. HSBC reissued a “hold” rating on shares of Royal Mail in a research report on Friday, June 7th. Credit Suisse Group restated an “outperform” rating on shares of in a research note on Wednesday, June 5th. Goldman Sachs Group upgraded shares of to a “buy” rating and set a GBX 1,180 ($15.42) target price on the stock in a research note on Tuesday, June 4th. Royal Bank of Canada lowered their target price on shares of Patterson-UTI Energy to $21.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 18th. Finally, Jefferies Financial Group initiated coverage on shares of in a research note on Wednesday, June 12th. They set a “hold” rating and a GBX 250 ($3.27) target price on the stock. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of GBX 2,996.54 ($39.16).
Royal Dutch Shell stock traded up GBX 11.50 ($0.15) during mid-day trading on Thursday, reaching GBX 2,554 ($33.37). 3,189,093 shares of the company traded hands, compared to its average volume of 5,080,000. 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 price is GBX 2,568.49. The stock has a market capitalization of $95.66 billion and a price-to-earnings ratio of 9.02. Royal Dutch Shell has a 52-week low of GBX 2,227 ($29.10) and a 52-week 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.
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