Royal Dutch Shell Plc 29.4% Potential Upside Indicated by Credit Suisse

Broker Ratings

Royal Dutch Shell Plc using EPIC/TICKER code (LON:RDSA) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Royal Dutch Shell Plc are listed in the Oil & Gas sector within UK Main Market. Credit Suisse have set their target price at 1600 GBX on its stock. This is indicating the analyst believes there is a potential upside of 29.4% from today’s opening price of 1236.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 68 points and decreased 43.4 points respectively. The 1 year high for the share price is 2636 GBX while the year low stock price is currently 946.1 GBX.

Royal Dutch Shell Plc has a 50 day moving average of 1,346.36 GBX and the 200 Day Moving Average price is recorded at 1,750.77. There are currently 4,101,239,499 shares in issue with the average daily volume traded being 9,434,137. Market capitalisation for LON:RDSA is £104,048,505,000 GBP.

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