Royal Dutch Shell Plc (LON:RDSB) had its price objective increased by Barclays PLC from GBX 2,650 ($33.01) to GBX 2,800 ($34.88) in a report issued on Friday. The firm currently has an overweight rating on the stock.
Several other brokerages have also issued reports on RDSB. J P Morgan Chase & Co set a GBX 2,600 ($32.39) target price on shares of Royal Dutch Shell Plc and gave the stock a buy rating in a research note on Friday, January 13th. Deutsche Bank AG set a GBX 2,450 ($30.52) price objective on shares of Royal Dutch Shell Plc and gave the company a buy rating in a research note on Friday, January 13th. Royal Bank Of Canada raised shares of Royal Dutch Shell Plc to an outperform rating and set a GBX 2,500 ($31.14) price objective on the stock in a research note on Wednesday, January 4th. Jefferies Group LLC set a GBX 2,700 ($33.63) price objective on shares of Royal Dutch Shell Plc and gave the company a buy rating in a research note on Tuesday, January 17th. Finally, Panmure Gordon reaffirmed a buy rating and issued a GBX 2,500 ($31.14) price objective on shares of Royal Dutch Shell Plc in a research note on Friday, January 6th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. Royal Dutch Shell Plc currently has an average rating of Buy and a consensus target price of GBX 2,365.05 ($29.46).
Royal Dutch Shell Plc (LON:RDSB) opened at 2219.50 on Friday. The company has a 50-day moving average of GBX 2,315.53 and a 200-day moving average of GBX 2,122.20. The firm’s market cap is GBX 179.82 billion. Royal Dutch Shell Plc has a 52 week low of GBX 1,407.00 and a 52 week high of GBX 2,403.68.
The business also recently announced a dividend, which will be paid on Monday, March 27th. Shareholders of record on Thursday, February 16th will be paid a dividend of GBX 0.47 ($0.01) per share. This represents a yield of 1.66%. The ex-dividend date of this dividend is Thursday, February 16th.
Royal Dutch Shell Plc Company Profile
Royal Dutch Shell plc (Shell) is an independent oil and gas company. The Company explores for crude oil and natural gas across the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company is engaged in the principal aspects of the oil and gas industry in approximately 70 countries.