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Royal Dutch Shell Plc Class B 9.6% Potential Upside Indicated by Deutsche Bank

Royal Dutch Shell Plc Class B with EPIC/TICKER (LON:RDSB) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. Deutsche Bank have set their target price at 2700 GBX on its stock. This would imply the analyst believes there is now a potential upside of 9.6% from the opening price of 2463 GBX. Over the last 30 and 90 trading days the company share price has decreased 27.5 points and decreased 33.5 points respectively. The 52 week high for the stock is 2845.5 GBX while the year low share price is currently 2142.5 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,460.59 GBX and the 200 Day Moving Average price is recorded at 2,480.95. There are currently 3,745,486,731 shares in issue with the average daily volume traded being 4,432,512. Market capitalisation for LON:RDSB is £230,603,925,200 GBP.