Royal Dutch Shell (RDSB) Rating Reiterated by Royal Bank of Canada
Royal Dutch Shell (LON:RDSB)‘s stock had its “sector performer” rating reaffirmed by equities research analysts at Royal Bank of Canada in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.
Several other equities analysts have also weighed in on RDSB. Goldman Sachs Group set a GBX 3,300 ($43.12) price objective on Royal Dutch Shell and gave the company a “buy” rating in a research note on Thursday, January 31st. Credit Suisse Group set a GBX 3,175 ($41.49) price objective on Royal Dutch Shell and gave the company a “buy” rating in a research note on Thursday, January 31st. Barclays set a GBX 3,250 ($42.47) price objective on Royal Dutch Shell and gave the company a “buy” rating in a research note on Friday, February 1st. HSBC lifted their price objective on Royal Dutch Shell from GBX 2,680 ($35.02) to GBX 2,775 ($36.26) and gave the company a “hold” rating in a research note on Wednesday, February 13th. Finally, Deutsche Bank lowered Royal Dutch Shell to a “hold” rating and reduced their price objective for the company from GBX 2,800 ($36.59) to GBX 2,650 ($34.63) in a research note on Monday, February 18th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Royal Dutch Shell presently has a consensus rating of “Buy” and a consensus target price of GBX 2,968.21 ($38.78).
LON RDSB opened at GBX 2,500.50 ($32.67) on Monday. The stock has a market capitalization of $93.48 billion and a PE ratio of 8.84. Royal Dutch Shell has a 1-year low of GBX 2,227 ($29.10) and a 1-year high of GBX 2,844.50 ($37.17). The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 46.21.
Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.
See Also: Straddles
Receive News & Ratings for Royal Dutch Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell and related companies with MarketBeat.com's FREE daily email newsletter.