Deutsche Bank Aktiengesellschaft Analysts Give Royal Dutch Shell (LON:RDSB) a GBX 1,871 Price Target

Deutsche Bank Aktiengesellschaft set a GBX 1,871 ($24.44) price target on Royal Dutch Shell (LON:RDSB) in a research report released on Wednesday morning, Borsen Zeitung reports.

RDSB has been the topic of a number of other reports. UBS Group set a GBX 1,860 ($24.30) price target on shares of Royal Dutch Shell in a research report on Monday, August 2nd. JPMorgan Chase & Co. set a GBX 2,100 ($27.44) price target on shares of Royal Dutch Shell in a research report on Tuesday, September 21st. Royal Bank of Canada set a GBX 2,200 ($28.74) price objective on Royal Dutch Shell in a research note on Friday, September 3rd. Berenberg Bank upped their target price on Royal Dutch Shell from GBX 1,570 ($20.51) to GBX 1,720 ($22.47) and gave the company a buy rating in a research report on Friday, July 30th. Finally, Jefferies Financial Group set a GBX 1,950 ($25.48) price target on Royal Dutch Shell in a research report on Tuesday, September 21st. One research analyst has rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of Buy and an average price target of GBX 1,940.55 ($25.35).

RDSB opened at GBX 1,528.40 ($19.97) on Wednesday. The company has a debt-to-equity ratio of 58.44, a current ratio of 1.32 and a quick ratio of 0.92. The business has a fifty day simple moving average of GBX 1,430.76 and a 200 day simple moving average of GBX 1,390.38. Royal Dutch Shell has a 1 year low of GBX 845.10 ($11.04) and a 1 year high of GBX 1,536.25 ($20.07). The company has a market capitalization of £118.96 billion and a PE ratio of 29.39.

The business also recently announced a dividend, which was paid on Monday, September 20th. Shareholders of record on Thursday, August 12th were given a $0.24 dividend. The ex-dividend date was Thursday, August 12th. This represents a yield of 1.22%. This is a positive change from Royal Dutch Shell’s previous dividend of $0.17. Royal Dutch Shell’s dividend payout ratio (DPR) is currently 1.28%.

Royal Dutch Shell Company Profile

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, Oil Products, Chemicals segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.

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Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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