Royal Dutch Shell Plc Class B 11.2% Potential Upside Indicated by HSBC

Broker Ratings
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Royal Dutch Shell Plc Class B using EPIC/TICKER code (LON:RDSB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at HSBC. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. HSBC have set their target price at 2775 GBX on its stock. This now indicates the analyst believes there is a possible upside of 11.2% from the opening price of 2496.5 GBX. Over the last 30 and 90 trading days the company share price has increased 117.5 points and increased 97 points respectively. The 52 week high for the share price is currently at 2845.5 GBX while the 52 week low for the share price is 2142.5 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,384.00 GBX and the 200 Day Moving Average price is recorded at 2,567.37. There are currently 3,745,486,731 shares in issue with the average daily volume traded being 5,209,699. Market capitalisation for LON:RDSB is £230,895,106,962 GBP.

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