Several other equities analysts have also recently commented on the stock. Macquarie reduced their price target on shares of Royal Dutch Shell Plc from GBX 2,450 ($31.21) to GBX 2,400 ($30.58) and set an outperform rating on the stock in a research report on Friday, February 3rd. Barclays PLC reiterated an overweight rating and set a GBX 2,650 ($33.76) price objective on shares of Royal Dutch Shell Plc in a research note on Friday, January 27th. Societe Generale set a GBX 2,450 ($31.21) price target on shares of Royal Dutch Shell Plc and gave the company a neutral rating in a research note on Tuesday, January 31st. HSBC Holdings plc restated a buy rating and issued a GBX 2,700 ($34.40) price target on shares of Royal Dutch Shell Plc in a research note on Friday, February 3rd. Finally, Morgan Stanley set a GBX 2,750 ($35.04) price objective on shares of Royal Dutch Shell Plc and gave the company a buy rating in a report on Friday, January 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and fifteen have given a buy rating to the company’s stock. Royal Dutch Shell Plc has a consensus rating of Buy and a consensus target price of GBX 2,459.72 ($31.34).
Royal Dutch Shell Plc (LON:RDSB) traded up 0.69% on Friday, hitting GBX 2175.00. The stock had a trading volume of 3,083,314 shares. The firm’s market cap is GBX 177.37 billion. The company’s 50-day moving average price is GBX 2,152.30 and its 200 day moving average price is GBX 2,216.26. Royal Dutch Shell Plc has a one year low of GBX 1,775.50 and a one year high of GBX 2,403.68.
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The firm also recently announced a dividend, which will be paid on Monday, June 26th. Investors of record on Thursday, May 18th will be issued a dividend of $0.47 per share. This represents a yield of 1.77%. The ex-dividend date is Thursday, May 18th.
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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