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Royal Dutch Shell Plc Class B 14.3% Potential Upside Indicated by JP Morgan Cazenove

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 ‘OVERWEIGHT’ this morning 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 their target price at 2950 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 14.3% from today’s opening price of 2581.5 GBX. Over the last 30 and 90 trading days the company share price has increased 102.5 points and increased 119.5 points respectively. The 1 year high for the share price is 2792.5 GBX while the 52 week low for the share price is 2142.5 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,535.21 GBX and a 200 day moving average of 2,476.31. There are currently 4,328,744,489 shares in issue with the average daily volume traded being 4,934,636. Market capitalisation for LON:RDSB is £234,195,353,530 GBP.