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Royal Dutch Shell Plc Class B 11.2% Potential Upside Indicated by HSBC

Royal Dutch Shell Plc Class B with EPIC/TICKER (LON:RDSB) had its stock rating noted as ‘Upgrades’ 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 a target price of 2740 GBX on its stock. This now indicates the analyst believes there is a possible upside of 11.2% from the opening price of 2463 GBX. Over the last 30 and 90 trading days the company share price has decreased 27.5 points and decreased 33.5 points respectively. The 52 week high for the share price is currently at 2845.5 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 2,460.59 GBX and the 200 Day Moving Average price is recorded at 2,480.95. There are currently 4,372,245,486 shares in issue with the average daily volume traded being 4,432,512. Market capitalisation for LON:RDSB is £230,603,925,200 GBP.

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