Brokerages Set Royal Dutch Shell Plc (RDSA) PT at $2,997.50
Shares of Royal Dutch Shell Plc (LON:RDSA) have earned a consensus rating of “Buy” from the fifteen brokerages that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 2,981.11 ($38.95).
RDSA has been the topic of several research analyst reports. Jefferies Financial Group lowered their price target on Royal Dutch Shell from GBX 3,350 ($43.77) to GBX 2,950 ($38.55) and set a “buy” rating on the stock in a research report on Tuesday, April 9th. HSBC lowered their price target on Royal Dutch Shell from GBX 2,840 ($37.11) to GBX 2,640 ($34.50) and set a “hold” rating on the stock in a research report on Monday, January 14th. JPMorgan Chase & Co. lifted their price target on Royal Dutch Shell from GBX 2,700 ($35.28) to GBX 2,850 ($37.24) and gave the company an “overweight” rating in a research report on Friday. Finally, Barclays reiterated an “overweight” rating and set a GBX 3,250 ($42.47) price target on shares of Royal Dutch Shell in a research report on Thursday, April 4th.
Shares of RDSA stock remained flat at $GBX 2,468 ($32.25) during mid-day trading on Wednesday. The stock had a trading volume of 4,106,312 shares, compared to its average volume of 6,420,000. Royal Dutch Shell has a one year low of GBX 2,479 ($32.39) and a one year high of GBX 2,525.50 ($33.00). The firm has a market cap of $204.60 billion and a PE ratio of 881.43. The company has a current ratio of 1.25, a quick ratio of 0.82 and a debt-to-equity ratio of 37.93.
Royal Dutch Shell Company Profile
Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.
Read More: Market Capitalization
Receive News & Ratings for Royal Dutch Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell and related companies with MarketBeat.com's FREE daily email newsletter.