Royal Dutch Shell Plc (RDSA) Stock Rating Reaffirmed by Barclays PLC
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “overweight” rating reaffirmed by analysts at Barclays PLC in a research note issued on Tuesday. They presently have a GBX 2,750 ($35.04) price target on the stock. Barclays PLC’s price objective points to a potential upside of 33.20% from the stock’s previous close.
A number of other research analysts have also commented on the company. HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 2,600 ($33.13) price objective on shares of Royal Dutch Shell Plc in a report on Thursday, March 16th. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 2,500 ($31.85) price objective on shares of Royal Dutch Shell Plc in a report on Friday, May 5th. Jefferies Group LLC reaffirmed a “buy” rating on shares of Royal Dutch Shell Plc in a report on Thursday, April 6th. BNP Paribas reaffirmed a “neutral” rating on shares of Royal Dutch Shell Plc in a report on Tuesday, March 28th. Finally, Credit Suisse Group upped their price objective on Royal Dutch Shell Plc from GBX 2,450 ($31.21) to GBX 2,500 ($31.85) and gave the company an “outperform” rating in a report on Friday, May 5th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of GBX 2,408.64 ($30.69).
Royal Dutch Shell Plc (LON RDSA) opened at 2064.50 on Tuesday. Royal Dutch Shell Plc has a 12 month low of GBX 1,752.50 and a 12 month high of GBX 2,295.50. The company has a 50-day moving average price of GBX 2,102.34 and a 200 day moving average price of GBX 2,132.73.
The business also recently announced a dividend, which will be paid on Monday, June 26th. Stockholders of record on Thursday, May 18th will be issued a dividend of $0.47 per share. This represents a dividend yield of 1.8%. The ex-dividend date of this dividend is Thursday, May 18th.
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Royal Dutch Shell Plc Company Profile
Royal Dutch Shell plc (Shell) is an independent oil and gas company, based in the United Kingdom. It operates in three segments: Upstream, Downstream and Corporate. Upstream combines the operating segments Upstream International and Upstream Americas, which are engaged in searching for and recovering crude oil and natural gas, the liquefaction and transportation of gas, the extraction of bitumen from oil sands and converting it into synthetic crude oil, and wind energy.
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