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Royal Dutch Shell Plc Class B 26.4% Potential Upside Indicated by RBC Capital Markets

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 ‘OUTPERFORM’ today by analysts at RBC Capital Markets. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. RBC Capital Markets have set a target price of 3200 GBX on its stock. This would imply the analyst believes there is now a potential upside of 26.4% from the opening price of 2532.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 15.5 points and decreased 211 points respectively. The 1 year high for the stock price is 2845.5 GBX while the 52 week low for the share price is 2194 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,597.41 GBX and the 200 Day Moving Average price is recorded at 2,565.59. There are currently 3,745,486,731 shares in issue with the average daily volume traded being 5,126,092. Market capitalisation for LON:RDSB is £239,803,906,957 GBP.