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Royal Dutch Shell Plc 11.8% Potential Upside Indicated by RBC Capital Markets

Royal Dutch Shell Plc using EPIC/TICKER code (LON:RDSB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at RBC Capital Markets. Royal Dutch Shell Plc are listed in the Oil & Gas sector within UK Main Market. RBC Capital Markets have set a target price of 2800 GBX on its stock. This now indicates the analyst believes there is a possible upside of 11.8% from today’s opening price of 2505 GBX. Over the last 30 and 90 trading days the company share price has increased 101.5 points and increased 171.5 points respectively. The 1 year high for the share price is 2580.53 GBX while the year low stock price is currently 2037 GBX.

Royal Dutch Shell Plc has a 50 day moving average of 2,441.14 GBX and the 200 Day Moving Average price is recorded at 2,249.80. There are currently 9,301,506,877 shares in issue with the average daily volume traded being 4,244,292. Market capitalisation for LON:RDSB is £232,072,596,581 GBP.