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Royal Dutch Shell Plc Class B 38.9% Potential Upside Indicated by Goldman Sachs

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 Goldman Sachs. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. Goldman Sachs have set a target price of 3200 GBX on its stock. This would imply the analyst believes there is now a potential upside of 38.9% from the opening price of 2304.5 GBX. Over the last 30 and 90 trading days the company share price has increased 37 points and decreased 284.5 points respectively. The 52 week high share price is 2696.5 GBX while the year low stock price is currently 2142.5 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,360.05 GBX and a 200 Day Moving Average share price is recorded at 2,452.11. There are currently 3,733,998,448 shares in issue with the average daily volume traded being 6,225,872. Market capitalisation for LON:RDSB is £208,545,343,402 GBP.