Royal Dutch Shell PLC (RDS.A) PT Set at $65.00 by Jefferies Group LLC
Jefferies Group LLC set a $65.00 price target on Royal Dutch Shell PLC (NYSE:RDS.A) in a research note published on Friday morning. The brokerage currently has a buy rating on the energy company’s stock.
Other analysts also recently issued reports about the company. Scotiabank set a $54.00 price objective on Royal Dutch Shell PLC and gave the stock a hold rating in a research report on Saturday, May 6th. Zacks Investment Research upgraded Royal Dutch Shell PLC from a sell rating to a hold rating in a research report on Monday, August 7th. Societe Generale upgraded Royal Dutch Shell PLC from a hold rating to a buy rating in a research report on Friday, May 5th. TheStreet upgraded Royal Dutch Shell PLC from a c rating to a b- rating in a research report on Thursday, May 4th. Finally, BNP Paribas upgraded Royal Dutch Shell PLC from a neutral rating to an outperform rating and upped their price objective for the stock from $47.00 to $57.00 in a research report on Monday, May 29th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the company. Royal Dutch Shell PLC has an average rating of Buy and a consensus target price of $57.13.
The company also recently announced a quarterly dividend, which will be paid on Monday, September 18th. Shareholders of record on Friday, August 11th will be given a $0.799 dividend. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $3.20 annualized dividend and a yield of Infinity. Royal Dutch Shell PLC’s dividend payout ratio is presently 163.27%.
Royal Dutch Shell PLC Company Profile
The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.
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