Royal Dutch Shell Plc Class B 16.8% Potential Upside Indicated by Berenberg

Broker Ratings

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 ‘HOLD’ today by analysts at Berenberg. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. Berenberg have set a target price of 2750 GBX on its stock. This is indicating the analyst believes there is a potential upside of 16.8% from today’s opening price of 2355 GBX. Over the last 30 and 90 trading days the company share price has increased 50.5 points and decreased 162.5 points respectively. The 1 year high for the share price is 2725.51 GBX while the year low share price is currently 2142.5 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,428.46 GBX and the 200 Day Moving Average price is recorded at 2,451.48. There are currently 3,737,572,448 shares in issue with the average daily volume traded being 6,063,881. Market capitalisation for LON:RDSB is £210,508,425,551 GBP.

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