Royal Dutch Shell Plc (LON:RDSB) Given a GBX 2,400 Price Target by J P Morgan Chase & Co Analysts
J P Morgan Chase & Co set a GBX 2,400 ($31.25) price objective on Royal Dutch Shell Plc (LON:RDSB) in a research report released on Friday, July 28th. The brokerage currently has a buy rating on the stock.
Several other research firms have also issued reports on RDSB. Deutsche Bank AG reiterated a buy rating on shares of Royal Dutch Shell Plc in a report on Tuesday, April 4th. Jefferies Group LLC set a GBX 2,600 ($33.86) target price on Royal Dutch Shell Plc and gave the stock a buy rating in a report on Saturday, May 20th. Panmure Gordon reiterated a buy rating and set a GBX 2,500 ($32.56) target price on shares of Royal Dutch Shell Plc in a report on Friday, May 5th. HSBC Holdings plc reiterated a buy rating and set a GBX 2,700 ($35.16) target price on shares of Royal Dutch Shell Plc in a report on Thursday, April 13th. Finally, Canaccord Genuity reiterated a sell rating and set a GBX 1,900 ($24.74) target price on shares of Royal Dutch Shell Plc in a report on Monday, May 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and fifteen have given a buy rating to the company. The stock has an average rating of Buy and a consensus target price of GBX 2,411.32 ($31.40).
Royal Dutch Shell Plc (LON RDSB) opened at 2241.50 on Friday. The stock’s 50 day moving average price is GBX 2,108.42 and its 200-day moving average price is GBX 2,168.84. Royal Dutch Shell Plc has a one year low of GBX 1,869.25 and a one year high of GBX 2,403.68. The firm’s market cap is GBX 184.09 billion.
The company also recently announced a dividend, which will be paid on Monday, September 18th. Stockholders of record on Thursday, August 10th will be given a $0.47 dividend. This represents a dividend yield of 1.72%. The ex-dividend date is Thursday, August 10th.
Royal Dutch Shell Plc Company Profile
Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company explores for and extracts crude oil, natural gas, and natural gas liquids. It also liquefies and transports gas; converts natural gas to liquids to provide fuels and other products; markets and trades in crude oil and natural gas; transports oil; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy.
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