Royal Dutch Shell plc (LON:RDSA) Price Target Increased to GBX 2,675 by Analysts at Deutsche Bank AG

Royal Dutch Shell plc (LON:RDSA) had its target price raised by Deutsche Bank AG from GBX 2,450 ($32.22) to GBX 2,675 ($35.18) in a research report sent to investors on Sunday, November 5th. Deutsche Bank AG currently has a buy rating on the stock.

Other analysts have also issued reports about the stock. Jefferies Group LLC reiterated a buy rating and set a GBX 2,600 ($34.20) target price on shares of Royal Dutch Shell plc in a research report on Thursday, July 13th. restated a buy rating and issued a GBX 2,450 ($32.22) price target on shares of Royal Dutch Shell plc in a research report on Wednesday, July 19th. Macquarie restated a neutral rating and issued a GBX 2,150 ($28.28) price target on shares of Royal Dutch Shell plc in a research report on Monday, July 24th. Credit Suisse Group restated an outperform rating and issued a GBX 2,500 ($32.88) price target on shares of Royal Dutch Shell plc in a research report on Friday, September 8th. Finally, Royal Bank Of Canada restated an outperform rating and issued a GBX 2,500 ($32.88) price target on shares of Royal Dutch Shell plc in a research report on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. Royal Dutch Shell plc currently has a consensus rating of Buy and an average target price of GBX 2,582.50 ($33.97).

Royal Dutch Shell plc (LON RDSA) traded down GBX 1.50 ($0.02) during midday trading on Friday, reaching GBX 2,337.50 ($30.74). 3,821,859 shares of the company’s stock traded hands, compared to its average volume of 5,720,000. Royal Dutch Shell plc has a 52 week low of GBX 1,929.50 ($25.38) and a 52 week high of GBX 2,516.32 ($33.10).

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The firm also recently declared a dividend, which will be paid on Wednesday, December 20th. Investors of record on Thursday, November 16th will be paid a dividend of $0.47 per share. This represents a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, November 16th.

Analyst Recommendations for Royal Dutch Shell plc (LON:RDSA)

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