Home » Reports » Broker Ratings » Royal Dutch Shell Plc Class B 13.9% Potential Upside Indicated by JP Morgan Cazenove

Royal Dutch Shell Plc Class B 13.9% Potential Upside Indicated by JP Morgan Cazenove

Royal Dutch Shell Plc Class B using EPIC/TICKER code (LON:RDSB) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set a target price of 2700 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 13.9% from the opening price of 2370 GBX. Over the last 30 and 90 trading days the company share price has increased 52 points and decreased 208.5 points respectively. The 1 year high share price is 2845.5 GBX while the 52 week low is 2142.5 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,406.00 GBX and the 200 Day Moving Average price is recorded at 2,583.11. There are currently 3,745,486,731 shares in issue with the average daily volume traded being 4,713,878. Market capitalisation for LON:RDSB is £218,893,468,389 GBP.