Royal Dutch Shell Plc Class B 21.7% Potential Upside Indicated by HSBC

Broker Ratings

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 ‘HOLD’ 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 their target price at 1460 GBX on its stock. This is indicating the analyst believes there is a potential upside of 21.7% from today’s opening price of 1199.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 221.4 points and decreased 756.2 points respectively. The 52 week high for the share price is currently at 2647 GBX while the year low stock price is currently 889.7 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 1,355.87 GBX and the 200 Day Moving Average price is recorded at 2,017.28. There are currently 3,706,183,836 shares in issue with the average daily volume traded being 13,153,992. Market capitalisation for LON:RDSB is £105,804,614,796 GBP.

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