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Royal Dutch Shell Plc Class B 18% Potential Upside Indicated by HSBC

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 ‘BUY’ this morning by analysts at HSBC. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. HSBC have set a target price of 2780 GBX on its stock. This now indicates the analyst believes there is a possible upside of 18.0% from today’s opening price of 2356.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 238.5 points and decreased 83.5 points respectively. The 52 week high share price is 2725.51 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 2,563.29 GBX and a 200 day moving average of 2,471.50. There are currently 229,834,237 shares in issue with the average daily volume traded being 5,027,775. Market capitalisation for LON:RDSB is £204,025,322,116 GBP.