Analysts’ Recommendations for Shell: Most Say ‘Buy’

The following table shows analysts’ recommendations for Royal Dutch Shell (RDS.A). All nine companies rated Royal Dutch Shell a “buy,” “overweight,” or “outperform.” The highest and lowest 12-month price targets stand at $66 and $53. It indicates a 27% and 2% rise from its current levels, respectively. The average price target at $61 implies a 17% gain.

In comparison, Statoil (STO), PetroChina (PTR), and Cenovus Energy (CVE) have been rated as “buy” by 33%, 25%, and 48% of Wall Street analysts, respectively. The iShares North American Natural Resources ETF (IGE) has ~22% exposure to integrated energy stocks.