Royal Dutch Shell Plc (RDSA) Rating Reiterated by Barclays PLC
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “overweight” rating reiterated by stock analysts at Barclays PLC in a research note issued to investors on Thursday. They presently have a GBX 2,750 ($35.62) target price on the stock. Barclays PLC’s price target would indicate a potential upside of 34.15% from the stock’s current price.
Several other research firms have also issued reports on RDSA. HSBC Holdings plc reissued a “buy” rating and issued a GBX 2,600 ($33.68) price target on shares of Royal Dutch Shell Plc in a research report on Thursday, March 16th. BNP Paribas reissued a “neutral” rating on shares of Royal Dutch Shell Plc in a research report on Tuesday, March 28th. Jefferies Group LLC reissued a “buy” rating on shares of Royal Dutch Shell Plc in a research report on Thursday, April 6th. Citigroup Inc. lowered shares of Royal Dutch Shell Plc to a “sell” rating in a research report on Wednesday, April 19th. Finally, Credit Suisse Group reissued an “outperform” rating and issued a GBX 2,450 ($31.74) price target on shares of Royal Dutch Shell Plc in a research report on Wednesday, April 19th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 2,407.14 ($31.18).
Royal Dutch Shell Plc (LON:RDSA) opened at 2062.00 on Thursday. Royal Dutch Shell Plc has a 1-year low of GBX 1,791.00 and a 1-year high of GBX 2,295.50. The company has a 50-day moving average price of GBX 2,103.85 and a 200-day moving average price of GBX 2,131.47.
The business also recently declared a dividend, which was paid on Monday, June 26th. Stockholders of record on Thursday, May 18th were paid a dividend of $0.47 per share. The ex-dividend date of this dividend was Thursday, May 18th. This represents a dividend yield of 1.8%.
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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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