Royal Dutch Shell (LON:RDSB) Overweight Rating Reiterated by Barclays Capital; With GBX 3250.00 Target; 2 Analysts Bullish Summit Midstream Partners, LP (SMLP)

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London: In analysts note revealed to investors on Thursday morning, Barclays Capital reconfirmed their Overweight rating on shares of Royal Dutch Shell (LON:RDSB). They currently have a GBX 3250.00 target price per share on the company. Barclays Capital’s target suggests a potential upside of 34.35% from the company’s previous stock close.

Among 4 analysts covering Summit Midstream Partners (NYSE:SMLP), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Summit Midstream Partners had 5 analyst reports since August 29, 2018 according to SRatingsIntel. The rating was maintained by Credit Suisse on Tuesday, November 20 with “Outperform”. The firm has “Market Perform” rating by Wells Fargo given on Monday, September 24. The stock has “Underweight” rating by Barclays Capital on Wednesday, August 29. The firm has “Buy” rating by Goldman Sachs given on Tuesday, October 9. See Summit Midstream Partners, LP (NYSE:SMLP) latest ratings:

20/11/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $18 New Target: $15 Maintain
11/10/2018 Broker: Credit Suisse Rating: Outperform New Target: $18 Initiates Coverage On
09/10/2018 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Upgrade
24/09/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $18 New Target: $16 Maintain
29/08/2018 Broker: Barclays Capital Old Rating: Underweight New Rating: Underweight Old Target: $16 New Target: $17 Maintain

The stock decreased 0.02% or GBX 0.5 during the last trading session, reaching GBX 2394.5. About 578,794 shares traded. Royal Dutch Shell plc (LON:RDSB) has 0.00% since January 10, 2018 and is . It has by 0.00% the S&P500.

Among 11 analysts covering Royal Dutch Shell (LON:RDSB), 7 have Buy rating, 1 Sell and 3 Hold. Therefore 64% are positive. Royal Dutch Shell has GBX 3450 highest and GBX 2180 lowest target. GBX 2950.45’s average target is 23.22% above currents GBX 2394.5 stock price. Royal Dutch Shell had 32 analyst reports since July 13, 2018 according to SRatingsIntel. Morgan Stanley maintained the shares of RDSB in report on Tuesday, January 8 with “Underweight” rating. The rating was maintained by JP Morgan with “Overweight” on Tuesday, September 11. Barclays Capital maintained it with “Overweight” rating and GBX 3250 target in Thursday, January 10 report. JP Morgan maintained Royal Dutch Shell plc (LON:RDSB) rating on Wednesday, October 17. JP Morgan has “Overweight” rating and GBX 3250 target. Berenberg maintained Royal Dutch Shell plc (LON:RDSB) on Friday, October 12 with “Hold” rating. The firm earned “Buy” rating on Friday, November 2 by Goldman Sachs. The firm has “Equal Weight” rating given on Monday, December 10 by Morgan Stanley. The stock of Royal Dutch Shell plc (LON:RDSB) has “Hold” rating given on Wednesday, October 17 by HSBC. The firm has “Outperform” rating by RBC Capital Markets given on Monday, August 20. As per Tuesday, October 30, the company rating was maintained by Barclays Capital.

Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company has market cap of 206.45 billion GBP. The firm explores for and extracts crude oil, natural gas, and natural gas liquids. It has a 9.32 P/E ratio. It also liquefies and transports gas; converts natural gas to liquids to provide fuels and other products; markets and trades in natural gas and crude oil; transports oil; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy.

Summit Midstream Partners, LP focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in North America. The company has market cap of $1.01 billion. The firm provides natural gas gathering, treating, and processing services. It currently has negative earnings. It operates in five unconventional resource basins, including the Appalachian Basin, which comprises the Utica and Point Pleasant shale formations in southeastern Ohio, and the Marcellus Shale formation in northern West Virginia; the Williston Basin that consists the Bakken and Three Forks shale formations in northwestern North Dakota; the Fort Worth Basin, which includes the Barnett Shale formation in north-central Texas; the Piceance Basin that comprises the Mesaverde formation, and the Mancos and Niobrara shale formations in western Colorado and eastern Utah; and the DJ Basin, which includes the Niobrara shale formation in northeastern Colorado.

Since July 17, 2018, it had 0 insider purchases, and 8 insider sales for $521,909 activity. Another trade for 400 shares valued at $6,400 was made by Degeyter Brock M on Monday, October 22. 5,000 Summit Midstream Partners, LP (NYSE:SMLP) shares with value of $74,200 were sold by Graves Brad N.

Investors sentiment increased to 1.08 in Q3 2018. Its up 0.04, from 1.04 in 2018Q2. It is positive, as 6 investors sold Summit Midstream Partners, LP shares while 19 reduced holdings. 11 funds opened positions while 16 raised stakes. 31.09 million shares or 3.79% less from 32.31 million shares in 2018Q2 were reported. Emory University stated it has 0.82% in Summit Midstream Partners, LP (NYSE:SMLP). Gsa Capital Ptnrs Limited Liability Partnership holds 115,867 shares or 0.09% of its portfolio. Green Square Cap Ltd Liability Co accumulated 0.03% or 14,569 shares. Raymond James Financial Ser Advisors holds 0% in Summit Midstream Partners, LP (NYSE:SMLP) or 10,028 shares. Raymond James & Associates reported 0% in Summit Midstream Partners, LP (NYSE:SMLP). Neuberger Berman Group Inc Limited Com stated it has 19,267 shares or 0% of all its holdings. Kayne Anderson Cap Limited Partnership stated it has 0.57% in Summit Midstream Partners, LP (NYSE:SMLP). Regions Fincl holds 1,000 shares. 1.88 million were accumulated by Brookfield Asset Mngmt. The Missouri-based Stifel Finance has invested 0% in Summit Midstream Partners, LP (NYSE:SMLP). Us Bancorp De invested 0% in Summit Midstream Partners, LP (NYSE:SMLP). Jpmorgan Chase And reported 800,392 shares. Price T Rowe Associate Incorporated Md owns 500,000 shares. West Family has invested 0.46% of its portfolio in Summit Midstream Partners, LP (NYSE:SMLP). 21,533 were accumulated by Royal Natl Bank Of Canada.

Summit Midstream Partners, LP (NYSE:SMLP) Institutional Positions Chart