Shares of Royal Dutch Shell Plc (LON:RDSB) have received a consensus recommendation of “Buy” from the nineteen analysts that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and fifteen have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 2,411.32 ($31.40).
Several research firms have commented on RDSB. HSBC Holdings plc reissued a “buy” rating and set a GBX 2,700 ($35.16) price target on shares of Royal Dutch Shell Plc in a research note on Thursday, April 13th. Barclays PLC reissued an “overweight” rating and set a GBX 2,750 ($35.81) price target on shares of Royal Dutch Shell Plc in a research note on Monday. Societe Generale reaffirmed a “hold” rating and issued a GBX 2,450 ($31.91) target price on shares of Royal Dutch Shell Plc in a research note on Tuesday, April 18th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 2,600 ($33.86) target price on shares of Royal Dutch Shell Plc in a research note on Wednesday, June 14th. Finally, UBS AG set a GBX 2,550 ($33.21) target price on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Monday, June 19th.
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Shares of Royal Dutch Shell Plc (LON RDSB) traded up 0.81% during trading on Monday, reaching GBX 2248.00. 3,260,065 shares of the company’s stock traded hands. The company’s 50-day moving average is GBX 2,112.19 and its 200 day moving average is GBX 2,168.47. The company’s market cap is GBX 184.63 billion. Royal Dutch Shell Plc has a 52-week low of GBX 1,869.25 and a 52-week high of GBX 2,403.68.
The business also recently declared a dividend, which will be paid on Monday, September 18th. Investors of record on Thursday, August 10th will be issued a $0.47 dividend. This represents a yield of 1.72%. The ex-dividend date of this dividend is Thursday, August 10th.
Royal Dutch Shell Plc Company Profile
Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company explores for and extracts crude oil, natural gas, and natural gas liquids. It also liquefies and transports gas; converts natural gas to liquids to provide fuels and other products; markets and trades in crude oil and natural gas; transports oil; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy.
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