Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “buy” rating restated by stock analysts at Nomura in a report issued on Tuesday, AnalystRatings.Net reports. They presently have a GBX 1,575 ($22.66) price objective on the stock. Nomura’s target price would indicate a potential upside of 5.00% from the stock’s current price.

Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 1500.00 on Tuesday. The company’s market capitalization is GBX 95.23 billion. The company has a 50-day moving average price of GBX 1,447.50 and a 200 day moving average price of GBX 1,643.44. Royal Dutch Shell Plc has a 1-year low of GBX 1,261.03 and a 1-year high of GBX 2,283.00.

Several other research analysts have also issued reports on RDSB. BNP Paribas reiterated an “outperform” rating and issued a GBX 1,995.80 ($28.71) price target on shares of Royal Dutch Shell Plc in a report on Monday, October 5th. Societe Generale cut their price target on Royal Dutch Shell Plc from GBX 2,370 ($34.10) to GBX 1,800 ($25.90) and set a “buy” rating on the stock in a report on Tuesday, October 6th. Sanford C. Bernstein reiterated an “outperform” rating and issued a GBX 2,360 ($33.95) price target on shares of Royal Dutch Shell Plc in a report on Wednesday, October 7th. Barclays reiterated an “overweight” rating and issued a GBX 2,850 ($41.00) price target on shares of Royal Dutch Shell Plc in a report on Thursday, October 8th. Finally, Jefferies Group reiterated a “buy” rating and issued a GBX 2,040 ($29.35) price target on shares of Royal Dutch Shell Plc in a report on Monday, October 12th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and seventeen have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of GBX 1,895.40 ($27.27).

Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company. The Company is engaged in the principal aspects of the oil and gas industry in more than 70 countries. The Company operates in three segments: Upstream, Downstream and Corporate. In Upstream, the Company focuses on exploration for new liquids and natural gas reserves and on developing new projects. In Downstream, the Company focuses on turning crude oil into a range of refined products, which are moved and marketed around the world for domestic, industrial and transport use. The Company’s Upstream Americas business manages Shell’s Upstream activities in North and South America. It also extracts bitumen from oil sands that is converted into synthetic crude oil. The Company’s Upstream International business manages Shell’s Upstream activities outside the Americas. The Company’s Downstream business manages Shell’s refining and marketing activities for oil products and chemicals.

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