Royal Dutch Shell (LON:RDSB) PT Set at GBX 2,675 by UBS Group

UBS Group set a GBX 2,675 ($36.28) price objective on Royal Dutch Shell (LON:RDSB) in a report published on Friday, January 5th, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also recently issued reports on RDSB. Goldman Sachs Group set a GBX 2,520 ($34.17) target price on Royal Dutch Shell and gave the company a buy rating in a research note on Monday, September 11th. Beaufort Securities restated a buy rating and set a GBX 2,500 ($33.90) price target on shares of Royal Dutch Shell in a research report on Thursday, September 21st. Royal Bank of Canada set a GBX 2,500 ($33.90) price target on Royal Dutch Shell and gave the company a buy rating in a research report on Thursday, September 28th. Barclays restated an overweight rating and set a GBX 2,750 ($37.29) price target on shares of Royal Dutch Shell in a research report on Monday, October 2nd. Finally, Morgan Stanley set a GBX 2,560 ($34.72) target price on Royal Dutch Shell and gave the stock a buy rating in a report on Monday, October 2nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and fifteen have given a buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of GBX 2,589.47 ($35.12).

Royal Dutch Shell (LON RDSB) opened at GBX 2,604 ($35.31) on Friday. Royal Dutch Shell has a 12 month low of GBX 2,037 ($27.62) and a 12 month high of GBX 2,612 ($35.42). The stock has a market capitalization of $240,530.00 and a P/E ratio of 2,456.60.

The company also recently declared a dividend, which was paid on Wednesday, December 20th. Investors of record on Thursday, November 16th were paid a dividend of $0.47 per share. This represents a yield of 1.47%. The ex-dividend date of this dividend was Thursday, November 16th.

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Royal Dutch Shell 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.

Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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