AMSTERDAM: Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “buy” rating reiterated by analysts at Nomura in a research note issued on Wednesday, MarketBeat reports. They currently have a GBX 1,900 ($28.60) price target on the stock. Nomura’s price target suggests a potential upside of 12.29% from the company’s previous close.
Other equities research analysts have also issued reports about the company. BNP Paribas set a GBX 2,290 ($34.47) price objective on Royal Dutch Shell Plc in a report on Friday, July 24th. Investec set a GBX 1,900 ($28.60) price target on Royal Dutch Shell Plc in a research note on Friday, July 24th. Canaccord Genuity set a GBX 2,275 ($34.25) price objective on Royal Dutch Shell Plc in a research note on Friday, July 24th. Oddo & Cie reissued a “buy” rating and issued a GBX 2,450 ($36.88) target price on shares of Royal Dutch Shell Plc in a report on Tuesday, July 21st. Finally, Deutsche Bank reaffirmed a “buy” rating and set a GBX 2,425 ($36.50) price objective on shares of Royal Dutch Shell Plc in a report on Tuesday, July 21st. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and seventeen have given a buy rating to the company. Royal Dutch Shell Plc has a consensus rating of “Hold” and an average price target of GBX 1,989.24 ($29.94).
In other Royal Dutch Shell Plc news, insider Goh,Euleen Yiu Kiang bought 5,000 shares of Royal Dutch Shell Plc stock in a transaction that occurred on Friday, August 14th. The shares were acquired at an average price of GBX 1,890 ($28.45) per share, for a total transaction of £94,500 ($142,255.01).
