Shares of Royal Dutch Shell PLC (NYSE:RDS.A) have earned an average recommendation of “Buy” from the nineteen research firms that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $57.00.
RDS.A has been the topic of several analyst reports. BNP Paribas upgraded Royal Dutch Shell PLC from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $47.00 to $57.00 in a research report on Monday, May 29th. Macquarie downgraded Royal Dutch Shell PLC from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 21st. Jefferies Group LLC set a $65.00 target price on Royal Dutch Shell PLC and gave the company a “buy” rating in a research report on Friday. Zacks Investment Research upgraded Royal Dutch Shell PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, May 9th. Finally, Societe Generale upgraded Royal Dutch Shell PLC from a “hold” rating to a “buy” rating in a research report on Monday, May 15th.
The business also recently declared a quarterly dividend, which will be paid on Monday, September 18th. Investors of record on Friday, August 11th will be given a $0.799 dividend. The ex-dividend date is Wednesday, August 9th. This represents a $3.20 annualized dividend and a yield of Infinity. Royal Dutch Shell PLC’s dividend payout ratio is currently 163.27%.
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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