Home » Reports » Broker Ratings » Royal Dutch Shell Plc 11.6% Potential Upside Indicated by HSBC

Royal Dutch Shell Plc 11.6% Potential Upside Indicated by HSBC

Royal Dutch Shell Plc with EPIC/TICKER (LON:RDSA) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. Royal Dutch Shell Plc are listed in the Oil & Gas sector within UK Main Market. HSBC have set their target price at 2740 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 11.6% from the opening price of 2455 GBX. Over the last 30 and 90 trading days the company share price has decreased 13 points and decreased 1.5 points respectively. The 52 week high for the share price is currently at 2811.38 GBX while the year low share price is currently 2209.5 GBX.

Royal Dutch Shell Plc has a 50 day moving average of 2,444.06 GBX and the 200 Day Moving Average price is recorded at 2,450.50. There are currently 20,345,683,761 shares in issue with the average daily volume traded being 6,609,532. Market capitalisation for LON:RDSA is £230,603,925,200 GBP.