Royal Dutch Shell Plc 16.4% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

Royal Dutch Shell Plc with EPIC/TICKER (LON:RDSA) 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 2700 GBX on its stock. This indicates the analyst now believes there is a potential upside of 16.4% from today’s opening price of 2320 GBX. Over the last 30 and 90 trading days the company share price has increased 23.5 points and decreased 216.5 points respectively. The 52 week high share price is 2755 GBX while the year low share price is currently 2168.5 GBX.

Royal Dutch Shell Plc has a 50 day moving average of 2,373.99 GBX and a 200 day moving average of 2,529.02. There are currently 4,464,903,647 shares in issue with the average daily volume traded being 6,817,836. Market capitalisation for LON:RDSA is £218,893,468,389 GBP.

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