Royal Dutch Shell Plc (RDSA) PT Raised to GBX 1,900 at BMO Capital Markets
Royal Dutch Shell Plc (LON:RDSA) had its price target upped by equities researchers at BMO Capital Markets from GBX 1,600 ($19.99) to GBX 1,900 ($23.74) in a note issued to investors on Tuesday. The brokerage presently has a “market perform” rating on the stock. BMO Capital Markets’ target price suggests a potential downside of 3.82% from the stock’s current price.
Several other research analysts also recently issued reports on RDSA. Barclays PLC reissued an “overweight” rating and set a GBX 2,600 ($32.48) price objective on shares of Royal Dutch Shell Plc in a research report on Monday, July 18th. JPMorgan Chase & Co. raised their price objective on shares of Royal Dutch Shell Plc from GBX 1,630 ($20.36) to GBX 1,952 ($24.39) and gave the stock a “neutral” rating in a research report on Thursday, July 21st. Deutsche Bank AG reissued a “buy” rating on shares of Royal Dutch Shell Plc in a research report on Monday, July 25th. Jefferies Group reissued a “buy” rating and set a GBX 2,400 ($29.99) price objective on shares of Royal Dutch Shell Plc in a research report on Friday, July 29th. Finally, Credit Suisse Group AG raised their price objective on shares of Royal Dutch Shell Plc from GBX 2,070 ($25.86) to GBX 2,150 ($26.86) and gave the stock an “outperform” rating in a research report on Friday, July 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 2,145.06 ($26.80).
Shares of Royal Dutch Shell Plc (LON:RDSA) opened at 1975.50 on Tuesday. Royal Dutch Shell Plc has a 1-year low of GBX 1,256.00 and a 1-year high of GBX 2,140.00. The stock’s 50 day moving average is GBX 2,027.58 and its 200 day moving average is GBX 1,906.38.
The firm also recently announced a dividend, which will be paid on Friday, December 16th. Shareholders of record on Thursday, November 10th will be issued a dividend of GBX 0.47 ($0.01) per share. 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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