Royal Dutch Shell PLC (RDS.A) Given a $62.00 Price Target by Piper Jaffray Companies Analysts
Several other research analysts have also recently commented on the stock. Scotiabank set a $54.00 price target on shares of Royal Dutch Shell PLC and gave the stock a hold rating in a report on Saturday, July 1st. Jefferies Group LLC set a $65.00 price target on shares of Royal Dutch Shell PLC and gave the stock a buy rating in a report on Saturday, June 24th. Zacks Investment Research upgraded shares of Royal Dutch Shell PLC from a sell rating to a hold rating in a report on Monday, August 7th. Societe Generale upgraded shares of Royal Dutch Shell PLC from a hold rating to a buy rating in a report on Friday, May 5th. Finally, TheStreet upgraded shares of Royal Dutch Shell PLC from a c rating to a b- rating in a report on Thursday, May 4th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the company’s stock. Royal Dutch Shell PLC currently has a consensus rating of Buy and an average price target of $57.38.
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The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 18th. Shareholders of record on Friday, August 11th will be given a dividend of $0.799 per share. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $3.20 dividend on an annualized basis and a yield of Infinity. Royal Dutch Shell PLC’s payout ratio is currently 163.27%.
About Royal Dutch Shell PLC
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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