Royal Dutch Shell Plc (RDSB) Receives Average Recommendation of “Buy” from Analysts
Royal Dutch Shell Plc (LON:RDSB) has been given a consensus recommendation of “Buy” by the nineteen analysts that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and fifteen have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 2,411.32 ($31.30).
Several research firms have weighed in on RDSB. J P Morgan Chase & Co set a GBX 2,400 ($31.16) price target on Royal Dutch Shell Plc and gave the company a “buy” rating in a report on Wednesday, August 9th. Barclays PLC reiterated an “overweight” rating and set a GBX 2,750 ($35.70) price objective on shares of Royal Dutch Shell Plc in a research report on Monday, August 7th. UBS AG set a GBX 2,550 ($33.10) price objective on Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Tuesday. Jefferies Group LLC set a GBX 2,600 ($33.75) price objective on Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Saturday, May 20th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 2,600 ($33.75) price objective on shares of Royal Dutch Shell Plc in a research report on Friday, June 2nd.
Royal Dutch Shell Plc (RDSB) traded down 0.72% on Friday, reaching GBX 2145.50. The company’s stock had a trading volume of 3,716,383 shares. The stock’s 50 day moving average price is GBX 2,125.96 and its 200 day moving average price is GBX 2,163.95. The firm’s market cap is GBX 176.21 billion. Royal Dutch Shell Plc has a 52-week low of GBX 1,869.25 and a 52-week high of GBX 2,403.68.
The business also recently declared a dividend, which will be paid on Monday, September 18th. Investors of record on Thursday, August 10th will be given a dividend of $0.47 per share. The ex-dividend date is Thursday, August 10th. This represents a yield of 1.72%.
About Royal Dutch Shell Plc
Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company explores for and extracts crude oil, natural gas, and natural gas liquids. It also liquefies and transports gas; converts natural gas to liquids to provide fuels and other products; markets and trades in crude oil and natural gas; transports oil; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy.
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