HSBC set a GBX 2,880 ($37.51) target price on Royal Dutch Shell Plc Class B (LON:RDSB) in a report published on Thursday. The brokerage currently has a neutral rating on the stock.

A number of other brokerages have also issued reports on RDSB. JPMorgan Chase & Co. set a GBX 3,300 ($42.99) price target on Royal Dutch Shell Plc Class B and gave the stock a buy rating in a research note on Monday, September 3rd. Sanford C. Bernstein set a GBX 3,300 ($42.99) price target on Royal Dutch Shell Plc Class B and gave the stock a buy rating in a research note on Monday, June 4th. Societe Generale raised their price target on Royal Dutch Shell Plc Class B from GBX 2,750 ($35.82) to GBX 2,900 ($37.78) and gave the stock a hold rating in a research note on Thursday, June 28th. Morgan Stanley raised their price target on Royal Dutch Shell Plc Class B from GBX 2,411 ($31.41) to GBX 2,830 ($36.86) and gave the stock an overweight rating in a research note on Wednesday, September 5th. Finally, Berenberg Bank initiated coverage on Royal Dutch Shell Plc Class B in a research note on Tuesday, September 11th. They issued a hold rating and a GBX 2,800 ($36.47) price target on the stock. Two analysts have rated the stock with a sell rating, four have given a hold rating and fourteen have issued a buy rating to the company. Royal Dutch Shell Plc Class B currently has a consensus rating of Buy and an average price target of GBX 2,766.32 ($36.03).

Shares of LON:RDSB opened at GBX 2,508 ($32.67) on Thursday. Royal Dutch Shell Plc Class B has a 12-month low of GBX 2,037 ($26.53) and a 12-month high of GBX 2,617 ($34.09).

The company also recently disclosed a dividend, which will be paid on Monday, September 17th. Stockholders of record on Thursday, August 9th will be issued a $0.47 dividend. The ex-dividend date is Thursday, August 9th. This represents a dividend yield of 1.35%.

About Royal Dutch Shell Plc Class B

Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for and extracts crude oil, natural gas, and natural gas liquids. The company also liquefies gas; converts natural gas to liquids to provide fuels and other products; markets and transports oil and gas; and extracts bitumen from mined oil sands and converts it to synthetic crude oil.

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Analyst Recommendations for Royal Dutch Shell Plc Class B (LON:RDSB)

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