Barclays PLC reiterated their overweight rating on shares of Royal Dutch Shell plc (LON:RDSB) in a research note released on Friday morning. Barclays PLC currently has a GBX 2,850 ($37.49) target price on the stock.
Other research analysts also recently issued reports about the company. Canaccord Genuity reiterated a sell rating and set a GBX 1,900 ($24.99) target price on shares of Royal Dutch Shell plc in a research note on Friday, July 21st. Goldman Sachs Group, Inc. (The) set a GBX 2,520 ($33.14) price target on Royal Dutch Shell plc and gave the company a buy rating in a research note on Monday, September 11th. J P Morgan Chase & Co boosted their price target on Royal Dutch Shell plc from GBX 2,400 ($31.57) to GBX 2,650 ($34.85) and gave the company an overweight rating in a research note on Thursday, October 19th. UBS AG set a GBX 2,550 ($33.54) price objective on Royal Dutch Shell plc and gave the company a buy rating in a report on Thursday, July 27th. Finally, Deutsche Bank AG set a GBX 2,450 ($32.22) price objective on Royal Dutch Shell plc and gave the company a buy rating in a report on Monday, September 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. Royal Dutch Shell plc presently has a consensus rating of Buy and an average price target of GBX 2,545.88 ($33.49).
Royal Dutch Shell plc (LON RDSB) opened at GBX 2,484.50 ($32.68) on Friday. Royal Dutch Shell plc has a one year low of GBX 2,006 ($26.38) and a one year high of GBX 2,580.53 ($33.94).
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The business also recently disclosed a dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Thursday, November 16th will be paid a $0.47 dividend. This represents a dividend yield of 1.47%. The ex-dividend date of this dividend is Thursday, November 16th.
Royal Dutch Shell plc Company Profile
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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