Scotiabank Sticks to Its Buy Rating for Royal Dutch Shell A


Scotiabank analyst Blake Fernandez reiterated a Buy rating on Royal Dutch Shell A (NYSE: RDS.A) today and set a price target of $79. The company’s shares closed yesterday at $68.86.

According to TipRanks.com, Fernandez is a 4-star analyst with an average return of 15.8% and a 72.0% success rate. Fernandez covers the Basic Materials sector, focusing on stocks such as Marathon Petroleum Corporation, Valero Energy Corp, and Delek US Holdings.

Royal Dutch Shell A has an analyst consensus of Strong Buy, with a price target consensus of $77.70.

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The company has a one-year high of $73.86 and a one-year low of $51.13. Currently, Royal Dutch Shell A has an average volume of 3.92M.

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