Royal Dutch Shell Plc Class B 28.1% Potential Upside Indicated by Societe Generale

Broker Ratings
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Royal Dutch Shell Plc Class B with EPIC/TICKER (LON:RDSB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Societe Generale. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. Societe Generale have set a target price of 2550 GBX on its stock. This is indicating the analyst believes there is a potential upside of 28.1% from today’s opening price of 1990 GBX. Over the last 30 and 90 trading days the company share price has decreased 323.5 points and decreased 339.5 points respectively. The 52 week high share price is 2647 GBX while the 52 week low for the share price is 1963.2 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 2,228.55 GBX and the 200 Day Moving Average price is recorded at 2,380.55. There are currently 3,729,407,107 shares in issue with the average daily volume traded being 6,258,876. Market capitalisation for LON:RDSB is £183,979,235,139 GBP.

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