HSBC Holdings plc Reaffirms “Buy” Rating for Royal Dutch Shell Plc (RDSB)
HSBC Holdings plc reiterated their buy rating on shares of Royal Dutch Shell Plc (LON:RDSB) in a research note issued to investors on Thursday morning. The brokerage currently has a GBX 2,700 ($33.35) target price on the stock.
RDSB has been the subject of several other reports. JPMorgan Chase & Co. set a GBX 2,600 ($32.11) target price on shares of Royal Dutch Shell Plc and gave the stock a buy rating in a report on Friday, January 13th. Barclays PLC reaffirmed an overweight rating and issued a GBX 2,800 ($34.58) target price on shares of Royal Dutch Shell Plc in a report on Friday, March 3rd. Panmure Gordon reaffirmed a buy rating and issued a GBX 2,500 ($30.88) target price on shares of Royal Dutch Shell Plc in a report on Friday, January 6th. Goldman Sachs Group Inc lifted their target price on shares of Royal Dutch Shell Plc from GBX 2,325 ($28.71) to GBX 2,460 ($30.38) and gave the stock a conviction-buy rating in a report on Friday, December 16th. Finally, Societe Generale set a GBX 2,450 ($30.26) target price on shares of Royal Dutch Shell Plc and gave the stock a neutral rating in a report on Tuesday, January 31st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have issued a buy rating to the company. Royal Dutch Shell Plc has a consensus rating of Buy and a consensus target price of GBX 2,466.76 ($30.47).
Royal Dutch Shell Plc (LON:RDSB) opened at 2216.50 on Thursday. The stock’s 50 day moving average is GBX 2,222.88 and its 200-day moving average is GBX 2,172.16. Royal Dutch Shell Plc has a 52-week low of GBX 1,633.50 and a 52-week high of GBX 2,403.68. The company’s market capitalization is GBX 180.54 billion.
Your IP Address:
The firm also recently announced a dividend, which will be paid on Monday, March 27th. Investors of record on Thursday, February 16th will be given a dividend of GBX 0.47 ($0.01) per share. The ex-dividend date is Thursday, February 16th. This represents a yield of 1.66%.
About Royal Dutch Shell Plc
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’s segments include Integrated Gas, Upstream and Downstream and Corporate.
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 MarketBeat.com's FREE daily email newsletter.