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

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 Societe Generale. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. Societe Generale have set their target price at 2700 GBX on its stock. This indicates the analyst now believes there is a potential upside of 21.7% from today’s opening price of 2218.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 81.5 points and decreased 161.5 points respectively. The 52 week high for the share price is currently at 2647 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 2,322.90 GBX and a 200 Day Moving Average share price is recorded at 2,444.61. There are currently 3,733,998,448 shares in issue with the average daily volume traded being 6,033,858. Market capitalisation for LON:RDSB is £206,787,810,533 GBP.