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Royal Dutch Shell Plc’s Outperform Rating Reiterated at Sanford C. Bernstein

Sanford C. Bernstein restated their outperform rating on shares of Royal Dutch Shell Plc (LON:RDSB) in a report released on Monday. Sanford C. Bernstein currently has a GBX 2,600 ($40.77) price objective on the stock

Several other analysts have also recently commented on the stock. Analysts at Investec reiterated a hold rating on shares of Royal Dutch Shell Plc in a research note on Friday. They now have a GBX 2,250 ($35.28) price target on the stock. Separately, analysts at Deutsche Bank cut their price target on shares of Royal Dutch Shell Plc from GBX 2,850 ($44.69) to GBX 2,600 ($40.77) in a research note on Wednesday, November 12th. They now have a buy rating on the stock. Finally, analysts at Canaccord Genuity reiterated a buy rating on shares of Royal Dutch Shell Plc in a research note on Tuesday, November 11th. They now have a GBX 2,800 ($43.91) price target on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating and sixteen have assigned a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of GBX 2,518.08 ($39.49).

Royal Dutch Shell Plc (LON:RDSB) opened at 2291.00 on Monday. Royal Dutch Shell Plc has a 52 week low of GBX 2082.50 and a 52 week high of GBX 2990.50. The stock’s 50-day moving average is GBX 2309.07 and its 200-day moving average is GBX 2463.17. The company’s market cap is £144.8 billion.

Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company, based in the United Kingdom.

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