UBS Analysts Give Royal Dutch Shell (RDSB) a GBX 2,675 Price Target
UBS set a GBX 2,675 ($36.00) price target on Royal Dutch Shell (LON:RDSB) in a report released on Monday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
Other research analysts also recently issued reports about the stock. Beaufort Securities reissued a buy rating and set a GBX 2,500 ($33.65) price objective on shares of Royal Dutch Shell in a research report on Thursday, September 21st. Goldman Sachs Group set a GBX 2,520 ($33.92) price objective on shares of Royal Dutch Shell and gave the stock a buy rating in a research report on Monday, September 11th. BNP Paribas set a GBX 2,400 ($32.30) price objective on shares of Royal Dutch Shell and gave the stock a buy rating in a research report on Tuesday, September 5th. Deutsche Bank set a GBX 2,450 ($32.97) target price on shares of Royal Dutch Shell and gave the company a buy rating in a report on Monday, September 4th. Finally, J P Morgan Chase & Co set a GBX 2,400 ($32.30) target price on shares of Royal Dutch Shell and gave the company a buy rating in a report on Thursday, August 31st. Two analysts have 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. The stock has a consensus rating of Buy and a consensus price target of GBX 2,573.68 ($34.64).
Royal Dutch Shell (LON RDSB) opened at GBX 2,387 ($32.13) on Monday. Royal Dutch Shell has a 52-week low of GBX 2,037 ($27.42) and a 52-week high of GBX 2,580.53 ($34.73).
The firm also recently disclosed a dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Thursday, November 16th will be given a dividend of $0.47 per share. The ex-dividend date is Thursday, November 16th. This represents a dividend yield of 1.47%.
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About Royal Dutch Shell
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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