Royal Dutch Shell Plc Class B 35% Potential Upside Indicated by JP Morgan Cazenove

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 ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set their target price at 1700 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 35.0% from today’s opening price of 1259 GBX. Over the last 30 and 90 trading days the company share price has decreased 31.8 points and decreased 83.8 points respectively. The 1 year high for the share price is 2641 GBX while the 52 week low for the stock is 889.7 GBX.

Royal Dutch Shell Plc Class B has a 50 day moving average of 1,298.68 GBX and the 200 Day Moving Average price is recorded at 1,787.41. There are currently 3,706,183,836 shares in issue with the average daily volume traded being 7,892,746. Market capitalisation for LON:RDSB is £111,638,671,770 GBP.

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