Royal Dutch Shell Plc 26% Potential Upside Indicated by Credit Suisse

Broker Ratings
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Royal Dutch Shell Plc with EPIC/TICKER (LON:RDSA) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Royal Dutch Shell Plc are listed in the Oil & Gas sector within UK Main Market. Credit Suisse have set a target price of 2900 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 26.0% from the opening price of 2301 GBX. Over the last 30 and 90 trading days the company share price has increased 124.5 points and decreased 10.5 points respectively. The 52 week high for the share price is currently at 2811.38 GBX while the 52 week low for the stock is 2143 GBX.

Royal Dutch Shell Plc has a 50 day moving average of 2,274.13 GBX and a 200 day moving average of 2,406.97. There are currently shares in issue with the average daily volume traded being 8,603,774. Market capitalisation for LON:RDSA is £212,337,895,511 GBP.

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