Brokerages Set Royal Dutch Shell Plc (RDSB) PT at $2,412.89

Shares of Royal Dutch Shell Plc (LON:RDSB) have been given an average recommendation of “Buy” by the nineteen brokerages that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and sixteen have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 2,412.89 ($31.72).

A number of equities analysts recently weighed in on the stock. Deutsche Bank AG set a GBX 2,450 ($32.21) target price on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Wednesday, October 4th. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 2,750 ($36.16) target price on shares of Royal Dutch Shell Plc in a research note on Tuesday. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and issued a GBX 2,580 ($33.92) target price on shares of Royal Dutch Shell Plc in a research note on Monday, October 2nd. Morgan Stanley set a GBX 2,560 ($33.66) target price on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Monday, October 2nd. Finally, Royal Bank Of Canada set a GBX 2,500 ($32.87) target price on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Thursday, September 28th.

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Shares of Royal Dutch Shell Plc (LON RDSB) traded up 0.19% during mid-day trading on Friday, hitting GBX 2333.50. The stock had a trading volume of 3,827,614 shares. The stock’s market capitalization is GBX 191.65 billion. The stock’s 50-day moving average price is GBX 2,216.91 and its 200-day moving average price is GBX 2,161.95. 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 also recently announced a dividend, which was paid on Monday, September 18th. Stockholders of record on Thursday, August 10th were issued a $0.47 dividend. 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.

Analyst Recommendations for Royal Dutch Shell Plc (LON:RDSB)

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