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Royal Dutch Shell Plc Class B 21.8% Potential Upside Indicated by Berenberg

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 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 2900 GBX on its stock. This indicates the analyst now believes there is a potential upside of 21.8% from the opening price of 2380 GBX. Over the last 30 and 90 trading days the company share price has decreased 200 points and decreased 77.5 points respectively. The 52 week high 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 2,572.51 GBX and the 200 Day Moving Average price is recorded at 2,473.78. There are currently shares in issue with the average daily volume traded being 4,803,639. Market capitalisation for LON:RDSB is £207,776,457,030 GBP.