Home » Reports » Broker Ratings » Royal Dutch Shell Plc 14.5% Potential Upside Indicated by JP Morgan Cazenove

Royal Dutch Shell Plc 14.5% Potential Upside Indicated by JP Morgan Cazenove

Royal Dutch Shell Plc with EPIC/TICKER (LON:RDSA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Royal Dutch Shell Plc are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set a target price of 2950 GBX on its stock. This indicates the analyst now believes there is a potential upside of 14.5% from the opening price of 2577.5 GBX. Over the last 30 and 90 trading days the company share price has increased 118.5 points and increased 134.5 points respectively. The 52 week high for the share price is currently at 2811.38 GBX while the 52 week low is 2209.5 GBX.

Royal Dutch Shell Plc has a 50 day moving average of 2,523.63 GBX and a 200 day moving average of 2,451.65. There are currently 484,404,094 shares in issue with the average daily volume traded being 7,211,989. Market capitalisation for LON:RDSA is £234,195,353,530 GBP.