Barclays PLC Reaffirms Overweight Rating for Royal Dutch Shell plc (RDSB)
Barclays PLC reissued their overweight rating on shares of Royal Dutch Shell plc (LON:RDSB) in a research note published on Friday morning. Barclays PLC currently has a GBX 2,850 ($37.49) price objective on the stock.
Other equities research analysts have also issued research reports about the company. Morgan Stanley set a GBX 2,560 ($33.67) target price on Royal Dutch Shell plc and gave the stock a buy rating in a research report on Monday, October 2nd. J P Morgan Chase & Co set a GBX 2,650 ($34.85) target price on Royal Dutch Shell plc and gave the stock a buy rating in a research report on Friday, November 3rd. Macquarie reissued a neutral rating and set a GBX 2,150 ($28.28) target price on shares of Royal Dutch Shell plc in a research report on Thursday, October 26th. Deutsche Bank AG raised their target price on Royal Dutch Shell plc from GBX 2,450 ($32.22) to GBX 2,675 ($35.18) and gave the stock a buy rating in a research report on Monday, November 6th. Finally, Goldman Sachs Group, Inc. (The) set a GBX 2,520 ($33.14) target price on Royal Dutch Shell plc and gave the stock a buy rating in a research report on Monday, September 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have assigned a buy rating to the stock. Royal Dutch Shell plc has an average rating of Buy and a consensus target price of GBX 2,545.88 ($33.49).
Royal Dutch Shell plc (RDSB) opened at GBX 2,477 ($32.58) on Friday. Royal Dutch Shell plc has a 52 week low of GBX 2,006 ($26.38) and a 52 week high of GBX 2,580.53 ($33.94).
ILLEGAL ACTIVITY NOTICE: “Barclays PLC Reaffirms Overweight Rating for Royal Dutch Shell plc (RDSB)” was first reported by Daily Political and is the property of of Daily Political. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of United States and international copyright and trademark legislation. The correct version of this piece of content can be accessed at https://www.dailypolitical.com/2017/11/13/barclays-plc-reaffirms-overweight-rating-for-royal-dutch-shell-plc-rdsb.html.
The business also recently announced a dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Thursday, November 16th will be issued a $0.47 dividend. This represents a dividend yield of 1.47%. The ex-dividend date is Thursday, November 16th.
About Royal Dutch Shell plc
The Royal Dutch Shell plc explores for crude oil and natural gas around 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, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.
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.