Brokerages Set Royal Dutch Shell Plc (RDSB) PT at $2,412.89
Royal Dutch Shell Plc (LON:RDSB) has received a consensus recommendation of “Buy” from the nineteen analysts that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and sixteen have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 2,418.16 ($31.79).
A number of equities research analysts have recently issued reports on the stock. Morgan Stanley set a GBX 2,560 ($33.66) price target on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research note on Monday, July 17th. Barclays PLC reissued an “overweight” rating and issued a GBX 2,750 ($36.16) price target on shares of Royal Dutch Shell Plc in a research note on Monday, October 2nd. J P Morgan Chase & Co set a GBX 2,600 ($34.18) target price on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Friday, June 23rd. Jefferies Group LLC set a GBX 2,470 ($32.47) target price on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Tuesday, August 29th. Finally, UBS AG set a GBX 2,550 ($33.53) target price on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Tuesday, July 4th.
Royal Dutch Shell Plc (LON RDSB) traded down 0.32% during mid-day trading on Friday, reaching GBX 2330.00. 3,007,421 shares of the company were exchanged. The company’s market capitalization is GBX 191.36 billion. The company has a 50 day moving average of GBX 2,227.03 and a 200-day moving average of GBX 2,164.23. Royal Dutch Shell Plc has a 1-year low of GBX 2,006.00 and a 1-year high of GBX 2,403.68.
The business also recently announced a dividend, which was paid on Monday, September 18th. Stockholders of record on Thursday, August 10th were issued a $0.47 dividend. This represents a dividend yield of 1.72%. The ex-dividend date was Thursday, August 10th.
COPYRIGHT VIOLATION WARNING: “Brokerages Set Royal Dutch Shell Plc (RDSB) PT at $2,412.89” was originally published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this story on another domain, it was stolen and republished in violation of United States & international copyright & trademark laws. The correct version of this story can be accessed at https://theolympiareport.com/2017/10/12/brokerages-set-royal-dutch-shell-plc-rdsb-pt-at-2412-89.html.
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.
Receive News & Ratings for Royal Dutch Shell Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.