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Royal Dutch Shell Plc Class B 24.6% Potential Upside Indicated by JP Morgan Cazenove

Royal Dutch Shell Plc Class B using EPIC/TICKER code (LON:RDSB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set a target price of 2900 GBX on its stock. This would imply the analyst believes there is now a potential upside of 24.6% from the opening price of 2327 GBX. Over the last 30 and 90 trading days the company share price has increased 22.5 points and decreased 239 points respectively. The 52 week high share price is 2725.51 GBX while the 52 week low for the stock is 2142.5 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,423.69 GBX and a 200 Day Moving Average share price is recorded at 2,451.42. There are currently 3,733,998,448 shares in issue with the average daily volume traded being 6,096,993. Market capitalisation for LON:RDSB is £211,342,826,778 GBP.