HSBC Holdings plc Analysts Give Royal Dutch Shell Plc (RDSB) a GBX 2,550 Price Target
Several other equities research analysts also recently weighed in on the company. Macquarie downgraded Royal Dutch Shell Plc to a neutral rating and cut their price target for the stock from GBX 2,400 ($31.89) to GBX 2,150 ($28.57) in a research report on Wednesday, June 21st. Deutsche Bank AG set a GBX 2,450 ($32.55) price target on Royal Dutch Shell Plc and gave the stock a buy rating in a research report on Monday, September 4th. J P Morgan Chase & Co set a GBX 2,400 ($31.89) price target on Royal Dutch Shell Plc and gave the stock a buy rating in a research report on Thursday, August 31st. Canaccord Genuity reaffirmed a sell rating and set a GBX 1,900 ($25.25) price target on shares of Royal Dutch Shell Plc in a research report on Friday, July 21st. Finally, BNP Paribas set a GBX 2,400 ($31.89) price target on Royal Dutch Shell Plc and gave the stock a buy rating in a research report on Tuesday, September 5th. One analyst has rated the stock with a sell rating, two have given a hold rating and sixteen have assigned a buy rating to the stock. Royal Dutch Shell Plc presently has an average rating of Buy and a consensus price target of GBX 2,426.05 ($32.24).
Shares of Royal Dutch Shell Plc (LON RDSB) opened at 2322.00 on Friday. The firm’s 50-day moving average price is GBX 2,237.47 and its 200 day moving average price is GBX 2,165.66. Royal Dutch Shell Plc has a 12-month low of GBX 2,006.00 and a 12-month high of GBX 2,403.68. The company’s market cap is GBX 190.70 billion.
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The firm also recently announced a dividend, which was paid on Monday, September 18th. Shareholders of record on Thursday, August 10th were paid a $0.47 dividend. This represents a yield of 1.72%. The ex-dividend date was Thursday, August 10th.
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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