Royal Dutch Shell Plc 12.7% Potential Decrease Indicated by Citigroup

Broker Ratings
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Royal Dutch Shell Plc using EPIC/TICKER code (LON:RDSA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Citigroup. Royal Dutch Shell Plc are listed in the Oil & Gas sector within UK Main Market. Citigroup have set a target price of 1180 GBX on its stock. This is indicating the analyst believes there is a potential downside of -12.7% from today’s opening price of 1351.2 GBX. Over the last 30 and 90 trading days the company share price has increased 42 points and increased 247.8 points respectively. The 52 week high for the stock is 2637.5 GBX while the year low stock price is currently 946.1 GBX.

Royal Dutch Shell Plc has a 50 day moving average of 1,388.72 GBX and the 200 Day Moving Average price is recorded at 1,914.35. There are currently 4,101,239,499 shares in issue with the average daily volume traded being 13,105,244. Market capitalisation for LON:RDSA is £116,263,040,300 GBP.

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