Consensus Royal Dutch Shell plc LIQUIDNET SYSTEMS

Equities

RDSB

GB00B03MM408

Delayed LIQUIDNET SYSTEMS Other stock markets			5-day change	1st Jan Change
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05-22	US lawmakers urge Justice Department to probe climate deception by Big Oil	RE
05-22	Orcadian Energy Secures $1.4 Million Loan from Affiliate of Potential Farm-in Partner	MT

Evolution of the average Target Price on Royal Dutch Shell plc

Price target over the last 5 years

History of analyst recommendation changes

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Analyst Recommendations on Royal Dutch Shell plc

SHELL (NEU) : JP Morgan maintains a Buy rating	05-16	ZD
SHELL (NEU) : Berenberg maintains a Buy rating	05-15	ZD
Berenberg Maintains Shell at Buy, Raises PT	05-15	MT
JPMorgan puts B&M on 'negative catalyst watch'	05-15	AN
RBC Raises Price Target on Shell to GBP34 From GBP30, Keeps Outperform Rating	05-09	MT
SHELL PLC: ON MAY 6, INTEGRATED GAS AND UPSTREAM DIRECTOR ZOE YU…	05-08	RE
SHELL : Q1: Consensus-smashing results with operational excellence and strategic frugality at work	05-03
UBS Raises Shell PT, Maintains Neutral Rating	05-03	MT
SHELL PLC: BOFA GLOBAL RESEARCH RAISES PRICE OBJECTIVE TO 3400P…	05-03	RE
Jefferies cuts AJ Bell; Deutsche likes ConvaTec	05-03	AN
SHELL (NEU) : JP Morgan gives a Buy rating	05-03	ZD
SHELL (NEU) : Gets a Neutral rating from UBS	05-03	ZD
SHELL (NEU) : DZ Bank maintains a Buy rating	05-02	ZD
Glass Lewis Urges Shell Shareholders to Oppose Climate Resolution	05-02	MT
SHELL (NEU) : Goldman Sachs reaffirms its Buy rating	05-02	ZD
SHELL (NEU) : Buy rating from RBC	05-02	ZD
SHELL (NEU) : UBS reiterates its Neutral rating	05-02	ZD
SHELL (NEU) : Buy rating from Jefferies	05-02	ZD
Glass Lewis Recommends Shell Shareholders Vote Against Tighter Climate Goals Proposal	05-02	MT
SHELL (NEU) : RBC keeps its Buy rating	04-30	ZD
The US listing siren call that echoes among valuation-frustrated European Oils	04-29
SHELL (NEU) : JP Morgan reaffirms its Buy rating	04-24	ZD
Piper Sandler Raises Price Target on Shell to $85 From $76, Maintains Overweight Rating	04-18	MT
ANALYST RECOMMENDATIONS : Coinbase, Uber, Coca-Cola, Glencore, Shell...	04-12
Exane BNP Upgrades Shell to Outperform from Neutral, Lifts PT	04-10	MT

More recommendations

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

35.13 USD

Average target price

40.7 USD

Spread / Average Target

+15.85%

High Price Target

47.48 USD

Spread / Highest target

+35.16%

Low Price Target

36.4 USD

Spread / Lowest Target

+3.61%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Royal Dutch Shell plc

Berenberg Bank
BERENBERG	Henry Tarr
JPMORGAN	Christyan Malek
RBC Capital Markets
alphavalue	Isabelle Zhang
UBS
JEFFERIES	Giacomo Romeo
RBC	Biraj Borkhataria
GOLDMAN SACHS	Michele della Vigna
DZ BANK	Werner Eisenmann
Piper Sandler
Exane BNP
BARCLAYS	Lydia Rainforth
Societe Generale
RBC Securities Inc.
Jefferies & Co.
Bank of America Securities/Merrill Lynch
DEUTSCHE BANK RESEARCH	James Hubbard
Deutsche Bank Securities
Morgan Stanley
TD Securities
Wells Fargo Securities
CREDIT SUISSE	Amy Wong
Wolfe Research
HSBC
Kepler Capital Markets
LBB
Cowen
Bernstein

Ratings for Royal Dutch Shell plc

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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