Royal Dutch Shell Plc’s (RDSA) “Overweight” Rating Reaffirmed at Barclays PLC
Barclays PLC reiterated their overweight rating on shares of Royal Dutch Shell Plc (LON:RDSA) in a report issued on Tuesday. Barclays PLC currently has a GBX 2,750 ($37.08) price objective on the stock.
Several other brokerages also recently weighed in on RDSA. Macquarie restated a neutral rating and set a GBX 2,150 ($28.99) price target on shares of Royal Dutch Shell Plc in a report on Monday, July 24th. J P Morgan Chase & Co reduced their price target on Royal Dutch Shell Plc from GBX 2,600 ($35.05) to GBX 2,400 ($32.36) and set an overweight rating for the company in a report on Thursday, July 13th. Jefferies Group LLC restated a buy rating and set a GBX 2,600 ($35.05) price target on shares of Royal Dutch Shell Plc in a report on Thursday, July 13th. Deutsche Bank AG reduced their price target on Royal Dutch Shell Plc from GBX 2,500 ($33.71) to GBX 2,400 ($32.36) and set a buy rating for the company in a report on Wednesday, July 5th. Finally, HSBC Holdings plc restated a buy rating and set a GBX 2,450 ($33.03) price target on shares of Royal Dutch Shell Plc in a report on Monday, June 26th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of GBX 2,410.71 ($32.50).
Shares of Royal Dutch Shell Plc (RDSA) opened at 2134.00 on Tuesday. The company has a 50-day moving average of GBX 2,141.36 and a 200 day moving average of GBX 2,103.20. Royal Dutch Shell Plc has a 52-week low of GBX 1,791.00 and a 52-week high of GBX 2,295.50.
The business also recently disclosed a dividend, which was paid on Monday, September 18th. Stockholders of record on Thursday, August 10th were given a dividend of $0.47 per share. The ex-dividend date was Thursday, August 10th. This represents a dividend yield of 1.73%.
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