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Royal Dutch Shell Plc Class B 10.6% Potential Upside Indicated by HSBC

Royal Dutch Shell Plc Class B using EPIC/TICKER code (LON:RDSB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. HSBC have set their target price at 2875 GBX on its stock. This indicates the analyst now believes there is a potential upside of 10.6% from the opening price of 2599.5 GBX. Over the last 30 and 90 trading days the company share price has increased 49.5 points and increased 85.5 points respectively. The 1 year high for the stock price is 2792.5 GBX while the year low stock price is currently 2142.5 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,545.17 GBX and the 200 Day Moving Average price is recorded at 2,474.17. There are currently 3,745,486,731 shares in issue with the average daily volume traded being 4,815,391. Market capitalisation for LON:RDSB is £233,859,667,953 GBP.