Royal Dutch Shell Plc Class B 29.4% potential upside indicated by RBC Capital Markets

Royal Dutch Shell Plc Class B with ticker (LON:RDSB) now has a potential upside of 29.4% according to RBC Capital Markets.



RBC Capital Markets set a target price of 2,350 GBX for the company, which when compared to the Royal Dutch Shell Plc Class B share price of 1,660 GBX at opening today (25/11/2021) indicates a potential upside of 29.4%. Trading has ranged between 1,212 (52 week low) and 1,813 (52 week high) with an average of 7,367,019 shares exchanging hands daily. The market capitalisation at the time of writing is £151,194,643,345.

The Royal Dutch Shell plc is a company based in the Netherlands that explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. Its segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas. The Upstream segment includes the operations of Upstream, which is engaged in the exploration for and extraction of crude oil, natural gas and natural gas liquids, and the marketing and transportation of oil and gas, and Oil Sands, which is engaged in the extraction of bitumen from mined oil sands and conversion into synthetic crude oil. The Downstream segment is engaged in oil products and chemicals manufacturing, and marketing activities.