Royal Dutch Shell plc (LON:RDSB) had its target price boosted by Deutsche Bank AG from GBX 2,450 ($32.22) to GBX 2,675 ($35.18) in a report published on Monday, November 6th. They currently have a buy rating on the stock.
Other research analysts have also recently issued research reports about the company. UBS AG set a GBX 2,550 ($33.54) price objective on Royal Dutch Shell plc and gave the stock a buy rating in a research note on Thursday, July 27th. Societe Generale reduced their price objective on Royal Dutch Shell plc from GBX 2,500 ($32.88) to GBX 2,350 ($30.91) and set a buy rating on the stock in a research note on Thursday, July 27th. Goldman Sachs Group, Inc. (The) restated a buy rating and set a GBX 2,520 ($33.14) price objective on shares of Royal Dutch Shell plc in a research note on Monday, July 31st. J P Morgan Chase & Co set a GBX 2,400 ($31.57) price objective on Royal Dutch Shell plc and gave the stock a buy rating in a research note on Friday, July 28th. Finally, restated a buy rating and set a GBX 2,500 ($32.88) price objective on shares of Royal Dutch Shell plc in a research note on Wednesday, July 19th. One analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have assigned a buy rating to the company. Royal Dutch Shell plc currently has a consensus rating of Buy and an average price target of GBX 2,545.88 ($33.49).
Shares of Royal Dutch Shell plc (LON:RDSB) opened at GBX 2,438.50 ($32.07) on Monday. Royal Dutch Shell plc has a 1 year low of GBX 2,006 ($26.38) and a 1 year high of GBX 2,580.53 ($33.94).
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The firm also recently disclosed a dividend, which will be paid on Wednesday, December 20th. Investors of record on Thursday, November 16th will be issued a $0.47 dividend. This represents a yield of 1.47%. The ex-dividend date is Thursday, November 16th.
About Royal Dutch Shell plc
The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.
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