Royal Dutch Shell plc’s (RDSA) “Outperform” Rating Reiterated at Credit Suisse Group
Credit Suisse Group reissued their outperform rating on shares of Royal Dutch Shell plc (LON:RDSA) in a research report report published on Thursday. The firm currently has a GBX 2,635 ($34.66) target price on the stock.
A number of other equities analysts have also issued reports on the stock. Morgan Stanley increased their target price on shares of Royal Dutch Shell plc from GBX 2,770 ($36.43) to GBX 2,930 ($38.54) and gave the company a top pick rating in a research report on Tuesday, November 7th. HSBC Holdings plc raised their price objective on shares of Royal Dutch Shell plc from GBX 2,500 ($32.88) to GBX 2,600 ($34.20) and gave the company a buy rating in a research report on Tuesday, November 7th. Deutsche Bank AG raised their price objective on shares of Royal Dutch Shell plc from GBX 2,450 ($32.22) to GBX 2,675 ($35.18) and gave the company a buy rating in a research report on Sunday, November 5th. Barclays PLC restated an overweight rating and set a GBX 2,850 ($37.49) price objective on shares of Royal Dutch Shell plc in a research report on Friday, November 3rd. Finally, Macquarie restated a neutral rating and set a GBX 2,150 ($28.28) price objective on shares of Royal Dutch Shell plc in a research report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of Buy and a consensus target price of GBX 2,524.17 ($33.20).
Shares of Royal Dutch Shell plc (RDSA) traded down GBX 37.50 ($0.49) on Thursday, reaching GBX 2,418 ($31.80). 5,663,280 shares of the company were exchanged, compared to its average volume of 5,240,000. Royal Dutch Shell plc has a 12-month low of GBX 1,922.50 ($25.29) and a 12-month high of GBX 2,516.32 ($33.10).
TRADEMARK VIOLATION WARNING: This news story was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The original version of this news story can be viewed at https://www.thecerbatgem.com/2017/11/12/royal-dutch-shell-plcs-rdsa-outperform-rating-reiterated-at-credit-suisse-group.html.
The company also recently disclosed a dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Thursday, November 16th will be paid a dividend of $0.47 per share. This represents a yield of 1.5%. The ex-dividend date is Thursday, November 16th.
Receive News & Stock Ratings for Royal Dutch Shell plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell plc and related stocks with our FREE daily email newsletter.