Royal Dutch Shell Plc Class B 8.6% 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 2730 GBX on its stock. This would imply the analyst believes there is now a potential upside of 8.6% from the opening price of 2513 GBX. Over the last 30 and 90 trading days the company share price has increased 163 points and increased 119.5 points respectively. The 1 year high share price is 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 2,435.57 GBX and the 200 Day Moving Average price is recorded at 2,507.98. There are currently 3,745,486,731 shares in issue with the average daily volume traded being 4,867,363. Market capitalisation for LON:RDSB is £235,292,533,278 GBP.

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