Royal Dutch Shell Plc Class B 48.8% Potential Upside Indicated by RBC Capital Markets

Broker Ratings

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 ‘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 2000 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 48.8% from today’s opening price of 1343.8 GBX. Over the last 30 and 90 trading days the company share price has increased 60.4 points and decreased 329.2 points respectively. The 1 year high for the stock price is 2647 GBX while the year low share price is currently 889.7 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 1,354.17 GBX and the 200 Day Moving Average price is recorded at 1,941.13. There are currently 3,706,183,836 shares in issue with the average daily volume traded being 10,817,847. Market capitalisation for LON:RDSB is £118,824,000,038 GBP.

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