Royal Dutch Shell Plc (RDSA) PT Lowered to GBX 2,260 at HSBC
Royal Dutch Shell Plc (LON:RDSA) had its price target lowered by HSBC from GBX 2,360 ($29.23) to GBX 2,260 ($27.99) in a research note issued to investors on Tuesday. The brokerage currently has a buy rating on the stock.
A number of other equities research analysts have also recently weighed in on RDSA. Jefferies Group lifted their price target on shares of Royal Dutch Shell Plc from GBX 2,040 ($25.27) to GBX 2,400 ($29.73) and gave the company a buy rating in a research report on Monday, July 11th. Morgan Stanley lifted their price target on shares of Royal Dutch Shell Plc from GBX 2,280 ($28.24) to GBX 2,400 ($29.73) and gave the company an overweight rating in a research report on Monday, July 11th. Barclays PLC reiterated an overweight rating and set a GBX 2,600 ($32.21) price target on shares of Royal Dutch Shell Plc in a research report on Monday, July 18th. JPMorgan Chase & Co. lifted their price target on shares of Royal Dutch Shell Plc from GBX 1,630 ($20.19) to GBX 1,952 ($24.18) and gave the company a neutral rating in a research report on Thursday, July 21st. Finally, Deutsche Bank AG reiterated a buy rating on shares of Royal Dutch Shell Plc in a research report on Monday, July 25th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and fifteen have issued a buy rating to the company’s stock. Royal Dutch Shell Plc currently has an average rating of Buy and a consensus target price of GBX 2,153.59 ($26.68).
Shares of Royal Dutch Shell Plc (LON:RDSA) opened at 2002.00 on Tuesday. Royal Dutch Shell Plc has a 52-week low of GBX 1,256.00 and a 52-week high of GBX 2,140.00. The company’s 50-day moving average is GBX 2,015.31 and its 200-day moving average is GBX 1,900.68.
The company also recently disclosed a dividend, which will be paid on Friday, December 16th. Shareholders of record on Thursday, November 10th will be paid a GBX 0.47 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, November 10th. This represents a yield of 1.81%.
Royal Dutch Shell Plc Company Profile
Royal Dutch Shell plc (Shell) is an independent oil and gas company, based in the United Kingdom. It operates in three segments: Upstream, Downstream and Corporate. Upstream combines the operating segments Upstream International and Upstream Americas, which are engaged in searching for and recovering crude oil and natural gas, the liquefaction and transportation of gas, the extraction of bitumen from oil sands and converting it into synthetic crude oil, and wind energy.
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