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Royal Dutch Shell Plc Class B 22.6% Potential Upside Indicated by Berenberg

Royal Dutch Shell Plc Class B with EPIC/TICKER (LON:RDSB) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today 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 2800 GBX on its stock. This indicates the analyst now believes there is a potential upside of 22.6% from today’s opening price of 2284.5 GBX. Over the last 30 and 90 trading days the company share price has increased 124.5 points and increased 29.5 points respectively. The 1 year high stock price is 2647 GBX while the year low share price is currently 2124 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,264.98 GBX and a 200 Day Moving Average share price is recorded at 2,403.73. There are currently 3,729,407,107 shares in issue with the average daily volume traded being 5,866,887. Market capitalisation for LON:RDSB is £209,121,457,235 GBP.