Deutsche Bank Reiterates “Buy” Rating for Royal Dutch Shell (LON:RDSA)

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Royal Dutch Shell (LON:RDSA)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank in a report released on Friday, ThisIsMoney.Co.Uk reports.

A number of other research analysts have also issued reports on RDSA. Barclays reissued an “underweight” rating on shares of in a research note on Thursday, July 4th. UBS Group reissued a “buy” rating and set a GBX 2,900 ($37.89) target price on shares of Royal Dutch Shell in a research note on Wednesday, May 29th. JPMorgan Chase & Co. reissued a “top pick” rating on shares of in a research note on Thursday, July 4th. Credit Suisse Group started coverage on shares of LTC Properties in a research note on Wednesday. They set an “underperform” rating and a $19.00 target price for the company. Finally, HSBC raised shares of AU Optronics from a “reduce” rating to a “hold” rating in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of GBX 2,956.25 ($38.63).

Royal Dutch Shell stock opened at GBX 2,588 ($33.82) on Friday. The company has a debt-to-equity ratio of 46.21, a current ratio of 1.16 and a quick ratio of 0.80. The firm’s 50-day moving average price is GBX 2,532.66. The firm has a market cap of $112.04 billion and a price-to-earnings ratio of 914.49. Royal Dutch Shell has a 52-week low of GBX 2,209.50 ($28.87) and a 52-week high of GBX 2,708 ($35.38).

About Royal Dutch Shell

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.

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