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Royal Dutch Shell Plc 16.8% Potential Upside Indicated by Deutsche Bank

Royal Dutch Shell Plc using EPIC/TICKER code (LON:RDSB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Royal Dutch Shell Plc are listed in the Oil & Gas sector within UK Main Market. Deutsche Bank have set their target price at 2800 GBX on its stock. This now indicates the analyst believes there is a possible upside of 16.8% from the opening price of 2398 GBX. Over the last 30 and 90 trading days the company share price has decreased 162 points and decreased 109.5 points respectively. The 1 year high stock price is 2617 GBX while the 52 week low is 2037 GBX.

Royal Dutch Shell Plc has a 50 day moving average of 2,507.83 GBX and a 200 day moving average of 2,297.08. There are currently 9,454,578,090 shares in issue with the average daily volume traded being 3,922,419. Market capitalisation for LON:RDSB is £226,859,300,477 GBP.