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Royal Dutch Shell Plc Class B 15.1% Potential Upside Indicated by RBC Capital Markets

Royal Dutch Shell Plc Class B using EPIC/TICKER code (LON:RDSB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at RBC Capital Markets. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. RBC Capital Markets have set a target price of 2900 GBX on its stock. This now indicates the analyst believes there is a possible upside of 15.1% from today’s opening price of 2519.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 205 points and decreased 310.5 points respectively. The 1 year high stock price is 2845.5 GBX while the 52 week low for the stock is 2130.5 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,689.12 GBX and a 200 day moving average of 2,522.82. There are currently 3,742,624,256 shares in issue with the average daily volume traded being 5,173,018. Market capitalisation for LON:RDSB is £238,987,233,458 GBP.