Royal Dutch Shell Plc Class B 13.1% Potential Upside Indicated by HSBC

Broker Ratings
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Royal Dutch Shell Plc Class B using EPIC/TICKER code (LON:RDSB) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning 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 2680 GBX on its stock. This indicates the analyst now believes there is a potential upside of 13.1% from the opening price of 2370 GBX. Over the last 30 and 90 trading days the company share price has increased 31 points and decreased 164 points respectively. The 52 week high for the share price is currently at 2845.5 GBX while the year low share price is currently 2142.5 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,415.19 GBX and a 200 day moving average of 2,583.78. There are currently 3,745,486,731 shares in issue with the average daily volume traded being 4,850,538. Market capitalisation for LON:RDSB is £215,495,537,125 GBP.

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