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Royal Dutch Shell Plc Class B 17.1% 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’ 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 2800 GBX on its stock. This now indicates the analyst believes there is a possible upside of 17.1% from the opening price of 2391 GBX. Over the last 30 and 90 trading days the company share price has decreased 97 points and decreased 198 points respectively. The 1 year high share price is 2845.5 GBX while the 52 week low for the stock is 2194 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,552.10 GBX and a 200 day moving average of 2,569.09. There are currently 3,745,486,731 shares in issue with the average daily volume traded being 5,322,920. Market capitalisation for LON:RDSB is £219,432,399,328 GBP.