Royal Dutch Shell Plc (RDSB) Given Average Rating of “Buy” by Brokerages

Royal Dutch Shell Plc (LON:RDSB) has been assigned an average recommendation of “Buy” from the twenty analysts that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and fifteen have assigned 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 2,620.53 ($36.74).

A number of brokerages have issued reports on RDSB. Deutsche Bank restated a “buy” rating and set a GBX 2,800 ($39.26) target price on shares of Royal Dutch Shell in a research report on Monday. JPMorgan Chase & Co. set a GBX 2,950 ($41.36) target price on shares of Royal Dutch Shell and gave the stock a “buy” rating in a research report on Monday. UBS Group set a GBX 2,675 ($37.51) target price on shares of Royal Dutch Shell and gave the stock a “buy” rating in a research report on Monday. S&P Global set a GBX 2,700 ($37.86) target price on shares of Royal Dutch Shell and gave the stock a “buy” rating in a research report on Friday, February 2nd. Finally, Barclays restated an “overweight” rating and set a GBX 3,000 ($42.06) target price on shares of Royal Dutch Shell in a research report on Friday, February 2nd.

Shares of Royal Dutch Shell (RDSB) traded down GBX 42.50 ($0.60) during midday trading on Friday, hitting GBX 2,253.50 ($31.60). 7,127,579 shares of the company traded hands, compared to its average volume of 4,800,000. Royal Dutch Shell has a 12-month low of GBX 2,037 ($28.56) and a 12-month high of GBX 2,617 ($36.69). The firm has a market capitalization of $214,030.00 and a PE ratio of 1,760.55.

The company also recently declared a dividend, which will be paid on Monday, March 26th. Stockholders of record on Thursday, February 15th will be issued a dividend of $0.47 per share. The ex-dividend date is Thursday, February 15th. This represents a dividend yield of 1.35%.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this news story on another website, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this news story can be viewed at https://sportsperspectives.com/2018/02/09/royal-dutch-shell-plc-rdsb-given-average-rating-of-buy-by-brokerages.html.

About Royal Dutch Shell

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 (LON:RDSB)

Receive News & Ratings for Royal Dutch Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply