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Royal Dutch Shell Plc Class B 13% Potential Upside Indicated by HSBC

Royal Dutch Shell Plc Class B with EPIC/TICKER (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 2860 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 13.0% from the opening price of 2530 GBX. Over the last 30 and 90 trading days the company share price has increased 112 points and increased 187 points respectively. The 52 week high for the stock is 2792.5 GBX while the 52 week low for the stock is 2142.5 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,501.68 GBX and the 200 Day Moving Average price is recorded at 2,474.98. There are currently 3,745,486,731 shares in issue with the average daily volume traded being 4,076,009. Market capitalisation for LON:RDSB is £230,342,534,264 GBP.