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Royal Dutch Shell Plc Class B 13.2% Potential Upside Indicated by HSBC

Royal Dutch Shell Plc Class B with EPIC/TICKER (LON:RDSB) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning 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 2890 GBX on its stock. This indicates the analyst now believes there is a potential upside of 13.2% from today’s opening price of 2553 GBX. Over the last 30 and 90 trading days the company share price has increased 38.5 points and decreased 177 points respectively. The 1 year high stock price is 2845.5 GBX while the 52 week low is 2194 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,599.49 GBX and the 200 Day Moving Average price is recorded at 2,565.73. There are currently 3,745,486,731 shares in issue with the average daily volume traded being 5,038,733. Market capitalisation for LON:RDSB is £237,516,477,064 GBP.