UBS AG set a GBX 2,550 ($33.88) price objective on Royal Dutch Shell Plc (LON:RDSB) in a report published on Friday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
Several other equities analysts have also recently commented on RDSB. Macquarie cut shares of Royal Dutch Shell Plc to a neutral rating and cut their target price for the company from GBX 2,400 ($31.89) to GBX 2,150 ($28.57) in a research note on Wednesday, June 21st. Credit Suisse Group set a GBX 2,500 ($33.22) target price on shares of Royal Dutch Shell Plc and gave the company a buy rating in a research note on Friday, June 23rd. J P Morgan Chase & Co set a GBX 2,600 ($34.55) target price on shares of Royal Dutch Shell Plc and gave the company a buy rating in a research note on Friday, June 23rd. HSBC Holdings plc reiterated a buy rating and set a GBX 2,500 ($33.22) target price on shares of Royal Dutch Shell Plc in a research note on Monday, June 26th. Finally, Barclays PLC reiterated an overweight rating and set a GBX 2,750 ($36.54) target price on shares of Royal Dutch Shell Plc in a research note on Tuesday, July 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating and sixteen have assigned a buy rating to the company. Royal Dutch Shell Plc presently has an average rating of Buy and an average target price of GBX 2,426.05 ($32.24).
Royal Dutch Shell Plc (RDSB) opened at 2322.00 on Friday. The firm’s market capitalization is GBX 190.70 billion. 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 stock has a 50 day moving average of GBX 2,237.47 and a 200 day moving average of GBX 2,165.66.
The business also recently declared a dividend, which was paid on Monday, September 18th. Investors of record on Thursday, August 10th were given a dividend of $0.47 per share. The ex-dividend date was Thursday, August 10th. This represents a yield of 1.72%.
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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