J P Morgan Chase & Co set a GBX 2,400 ($31.00) price objective on Royal Dutch Shell Plc (LON:RDSB) in a research note released on Thursday, August 31st. The firm currently has a buy rating on the stock.
Other research analysts also recently issued reports about the company. UBS AG set a GBX 2,500 ($32.29) price target on Royal Dutch Shell Plc and gave the company a buy rating in a report on Thursday, May 4th. Royal Bank Of Canada reaffirmed an outperform rating and set a GBX 2,600 ($33.58) target price on shares of Royal Dutch Shell Plc in a research note on Friday, June 2nd. Barclays PLC reaffirmed an overweight rating and set a GBX 2,750 ($35.52) target price on shares of Royal Dutch Shell Plc in a research note on Friday, May 5th. Deutsche Bank AG set a GBX 2,500 ($32.29) price objective on Royal Dutch Shell Plc and gave the company a buy rating in a research note on Friday, May 5th. Finally, Panmure Gordon reissued a buy rating and issued a GBX 2,500 ($32.29) price objective on shares of Royal Dutch Shell Plc in a research note on Friday, May 5th. One research analyst has rated the stock with a sell rating, two have given a hold rating and sixteen have issued a buy rating to the company’s stock. Royal Dutch Shell Plc presently has an average rating of Buy and a consensus target price of GBX 2,415 ($31.19).
Shares of Royal Dutch Shell Plc (RDSB) traded down 1.79% during trading on Thursday, reaching GBX 2142.50. 8,123,151 shares of the company traded hands. The firm’s 50-day moving average is GBX 2,173.57 and its 200-day moving average is GBX 2,154.97. The stock’s market capitalization is GBX 175.96 billion. Royal Dutch Shell Plc has a 12-month low of GBX 1,873.50 and a 12-month high of GBX 2,403.68.
The firm also recently announced a dividend, which will be paid on Monday, September 18th. Stockholders of record on Thursday, August 10th will be given a dividend of $0.47 per share. This represents a dividend yield of 1.72%. The ex-dividend date is Thursday, August 10th.
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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