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Royal Dutch Shell Plc Class B 5.5% Potential Upside Indicated by HSBC

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 ‘HOLD’ this morning by analysts at HSBC. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. HSBC have set their target price at 2890 GBX on its stock. This would imply the analyst believes there is now a potential upside of 5.5% from the opening price of 2740.5 GBX. Over the last 30 and 90 trading days the company share price has increased 2713.75 points and increased 2716.32 points respectively. The 1 year high for the share price is 2845.5 GBX while the 52 week low for the stock is 2049 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 27.26 GBX and a 200 Day Moving Average share price is recorded at 24.88. There are currently 3,742,624,256 shares in issue with the average daily volume traded being 5,395,682. Market capitalisation for LON:RDSB is £252,383,131,216 GBP.