Deutsche Bank AG Reiterates GBX 2,450 Price Target for Royal Dutch Shell Plc (RDSB)
Several other research analysts have also recently commented on RDSB. Morgan Stanley set a GBX 2,560 ($33.96) target price on Royal Dutch Shell Plc and gave the stock a buy rating in a research report on Monday, October 2nd. Goldman Sachs Group, Inc. (The) reissued a buy rating and set a GBX 2,580 ($34.22) price objective on shares of Royal Dutch Shell Plc in a report on Monday, October 2nd. Barclays PLC reissued an overweight rating and set a GBX 2,750 ($36.48) price objective on shares of Royal Dutch Shell Plc in a report on Monday, October 2nd. Royal Bank Of Canada set a GBX 2,500 ($33.16) price objective on Royal Dutch Shell Plc and gave the company a buy rating in a report on Thursday, September 28th. Finally, UBS AG set a GBX 2,550 ($33.82) price objective on Royal Dutch Shell Plc and gave the company a buy rating in a report on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and sixteen have assigned a buy rating to the stock. Royal Dutch Shell Plc currently has an average rating of Buy and an average target price of GBX 2,412.89 ($32.01).
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2331.50 on Wednesday. The firm’s market capitalization is GBX 191.48 billion. The company has a 50-day moving average of GBX 2,207.28 and a 200 day moving average of GBX 2,160.86. Royal Dutch Shell Plc has a 12-month low of GBX 2,006.00 and a 12-month high of GBX 2,403.68.
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The business also recently announced a dividend, which was paid on Monday, September 18th. Stockholders of record on Thursday, August 10th were given a dividend of $0.47 per share. The ex-dividend date of this dividend was Thursday, August 10th. This represents a dividend yield of 1.72%.
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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