Royal Dutch Shell Plc (LON:RDSA) Given Consensus Recommendation of “Buy” by Analysts

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Shares of Royal Dutch Shell Plc (LON:RDSA) have been assigned an average rating of “Buy” from the eleven research firms that are currently covering the company, reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 2,811.14 ($36.73).

RDSA has been the topic of several research reports. UBS Group reaffirmed a “buy” rating and set a GBX 2,900 ($37.89) price target on shares of Royal Dutch Shell in a report on Wednesday, May 29th. Deutsche Bank reissued a “buy” rating on shares of Royal Dutch Shell in a report on Friday, July 12th. Royal Bank of Canada reduced their target price on shares of Royal Dutch Shell from GBX 2,800 ($36.59) to GBX 2,750 ($35.93) and set an “outperform” rating on the stock in a report on Thursday, July 18th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Royal Dutch Shell in a report on Wednesday, August 7th. Finally, Credit Suisse Group dropped their price target on shares of Royal Dutch Shell from GBX 3,175 ($41.49) to GBX 3,090 ($40.38) and set an “outperform” rating on the stock in a research report on Wednesday, July 10th.

Shares of Royal Dutch Shell stock traded down GBX 2 ($0.03) during midday trading on Tuesday, hitting GBX 2,273 ($29.70). 27,511,890 shares of the company traded hands, compared to its average volume of 6,420,000. The stock has a market capitalization of $97.57 billion and a PE ratio of 915.79. The company has a debt-to-equity ratio of 47.21, a quick ratio of 0.73 and a current ratio of 1.10. The business has a fifty day simple moving average of GBX 2,507.45. Royal Dutch Shell has a 12 month low of GBX 2,209.50 ($28.87) and a 12 month high of GBX 2,687 ($35.11).

The company also recently declared a dividend, which will be paid on Monday, September 23rd. Stockholders of record on Thursday, August 15th will be given a $0.47 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a dividend yield of 1.48%. Royal Dutch Shell’s dividend payout ratio (DPR) is currently 62.85%.

In related news, insider Neil A. P. Carson bought 16,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The shares were bought at an average price of GBX 2,326 ($30.39) per share, for a total transaction of £372,160 ($486,292.96).

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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