Deutsche Bank AG reaffirmed their buy rating on shares of Royal Dutch Shell Plc (LON:RDSA) in a research report sent to investors on Wednesday. They currently have a GBX 2,220 ($27.74) price target on the stock.

Several other research analysts have also weighed in on the stock. HSBC reaffirmed a buy rating and set a GBX 2,360 ($29.49) target price on shares of Royal Dutch Shell Plc in a research note on Tuesday. Jefferies Group reissued a buy rating and set a GBX 2,450 ($30.61) price target on shares of Royal Dutch Shell Plc in a research report on Tuesday. BMO Capital Markets increased their price target on shares of Royal Dutch Shell Plc from GBX 1,600 ($19.99) to GBX 1,900 ($23.74) and gave the stock a market perform rating in a research report on Tuesday. Barclays PLC reissued an overweight rating and set a GBX 2,600 ($32.48) price target on shares of Royal Dutch Shell Plc in a research report on Friday, November 11th. Finally, Macquarie reissued an outperform rating and set a GBX 2,350 ($29.36) price target on shares of Royal Dutch Shell Plc in a research report on Tuesday, November 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and fifteen have issued a buy rating to the stock. Royal Dutch Shell Plc presently has an average rating of Buy and a consensus target price of GBX 2,145.06 ($26.80).

Royal Dutch Shell Plc (LON:RDSA) traded up 0.89% during mid-day trading on Wednesday, reaching GBX 1993.00. 8,851,391 shares of the company’s stock traded hands. 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 stock’s market capitalization is GBX 1494.49 billion. The stock’s 50 day moving average is GBX 2,027.58 and its 200-day moving average is GBX 1,906.38.

The company also recently announced a dividend, which will be paid on Friday, December 16th. Investors of record on Thursday, November 10th will be paid a GBX 0.47 ($0.01) dividend. This represents a yield of 1.81%. The ex-dividend date of this dividend is Thursday, November 10th.

About Royal Dutch Shell Plc

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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