Royal Dutch Shell Plc 24% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

Royal Dutch Shell Plc with EPIC/TICKER (LON:RDSA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning 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 their target price at 2900 GBX on its stock. This indicates the analyst now believes there is a potential upside of 24.0% from the opening price of 2338.5 GBX. Over the last 30 and 90 trading days the company share price has increased 23.5 points and decreased 218 points respectively. The 1 year high for the share price is 2811.38 GBX while the year low stock price is currently 2209.5 GBX.

Royal Dutch Shell Plc has a 50 day moving average of 2,427.32 GBX and the 200 Day Moving Average price is recorded at 2,439.64. There are currently 4,256,957,821 shares in issue with the average daily volume traded being 12,621,277. Market capitalisation for LON:RDSA is £211,342,826,778 GBP.

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