Royal Dutch Shell Plc 14.2% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

Royal Dutch Shell Plc with EPIC/TICKER (LON:RDSA) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Royal Dutch Shell Plc are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set their target price at 2850 GBX on its stock. This now indicates the analyst believes there is a possible upside of 14.2% from the opening price of 2495 GBX. Over the last 30 and 90 trading days the company share price has increased 130 points and increased 144.5 points respectively. The 1 year high for the stock price is 2755 GBX while the year low share price is currently 2209.5 GBX.

Royal Dutch Shell Plc has a 50 day moving average of 2,423.84 GBX and the 200 Day Moving Average price is recorded at 2,469.90. There are currently 4,393,316,351 shares in issue with the average daily volume traded being 6,073,726. Market capitalisation for LON:RDSA is £235,621,189,467 GBP.

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