Royal Dutch Shell (LON:RDSA) Price Target Raised to GBX 3,050 at Jefferies Financial Group

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Royal Dutch Shell (LON:RDSA) had its target price upped by Jefferies Financial Group from GBX 3,000 ($39.20) to GBX 3,050 ($39.85) in a report released on Wednesday morning, Digital Look reports. Jefferies Financial Group currently has a buy rating on the stock.

RDSA has been the subject of several other reports. Barclays restated an overweight rating on shares of Royal Dutch Shell in a research note on Monday, March 11th. Credit Suisse Group restated an outperform rating on shares of Royal Dutch Shell in a research note on Monday, May 6th. HSBC raised their target price on shares of Royal Dutch Shell from GBX 2,640 ($34.50) to GBX 2,750 ($35.93) and gave the company a hold rating in a research note on Wednesday, February 13th. UBS Group restated a buy rating and issued a GBX 2,900 ($37.89) target price on shares of Royal Dutch Shell in a research note on Wednesday, May 29th. Finally, JPMorgan Chase & Co. raised their target price on shares of Royal Dutch Shell from GBX 2,700 ($35.28) to GBX 2,850 ($37.24) and gave the company an overweight rating in a research note on Friday, April 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and twelve have assigned a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of GBX 2,976.54 ($38.89).

LON RDSA opened at GBX 2,515 ($32.86) on Wednesday. The company has a debt-to-equity ratio of 46.21, a quick ratio of 0.80 and a current ratio of 1.16. Royal Dutch Shell has a 52-week low of GBX 2,209.50 ($28.87) and a 52-week high of GBX 2,708 ($35.38). The company has a market cap of $208.50 billion and a PE ratio of 888.69.

The company also recently announced a dividend, which will be paid on Monday, June 24th. Shareholders of record on Thursday, May 16th will be paid a $0.47 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a yield of 1.49%. Royal Dutch Shell’s dividend payout ratio (DPR) is 51.94%.

Royal Dutch Shell Company Profile

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.

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Analyst Recommendations for Royal Dutch Shell (LON:RDSA)

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