Royal Dutch Shell Plc (RDSB) Earns “Overweight” Rating from Barclays PLC
Barclays PLC reissued their overweight rating on shares of Royal Dutch Shell Plc (LON:RDSB) in a research report released on Tuesday morning. The brokerage currently has a GBX 2,750 ($35.70) price objective on the stock.
A number of other analysts also recently weighed in on RDSB. UBS AG set a GBX 2,500 ($32.45) price target on shares of Royal Dutch Shell Plc and gave the company a buy rating in a report on Tuesday, April 25th. J P Morgan Chase & Co set a GBX 2,400 ($31.16) price objective on shares of Royal Dutch Shell Plc and gave the stock a buy rating in a report on Wednesday, August 9th. Morgan Stanley set a GBX 2,560 ($33.23) price objective on shares of Royal Dutch Shell Plc and gave the stock a buy rating in a report on Monday, July 17th. HSBC Holdings plc reaffirmed a buy rating and set a GBX 2,500 ($32.45) price objective on shares of Royal Dutch Shell Plc in a report on Wednesday, July 19th. Finally, Panmure Gordon reaffirmed a buy rating and set a GBX 2,500 ($32.45) price objective on shares of Royal Dutch Shell Plc in a report on Friday, May 5th. One equities research 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. Royal Dutch Shell Plc presently has an average rating of Buy and a consensus target price of GBX 2,411.32 ($31.30).
Shares of Royal Dutch Shell Plc (LON RDSB) opened at 2180.00 on Tuesday. The company’s market cap is GBX 179.04 billion. The company’s 50 day moving average is GBX 2,122.71 and its 200-day moving average is GBX 2,164.93. Royal Dutch Shell Plc has a 12 month low of GBX 1,869.25 and a 12 month high of GBX 2,403.68.
The business also recently disclosed a dividend, which will be paid on Monday, September 18th. Shareholders of record on Thursday, August 10th will be given a $0.47 dividend. This represents a yield of 1.72%. The ex-dividend date of this dividend 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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