JPMorgan Chase & Co. Reaffirms Overweight Rating for Royal Dutch Shell (LON:RDSA)

JPMorgan Chase & Co. reaffirmed their overweight rating on shares of Royal Dutch Shell (LON:RDSA) in a research report report published on Tuesday, ThisIsMoney.Co.Uk reports.

Other equities analysts have also issued research reports about the stock. UBS Group restated a buy rating and set a GBX 2,900 ($37.89) target price on shares of Royal Dutch Shell in a research report on Wednesday, May 29th. Morgan Stanley set a $207.00 price target on shares of Alibaba Group and gave the company a buy rating in a research note on Friday, July 12th. HSBC raised shares of AU Optronics from a reduce rating to a hold rating in a research note on Wednesday, July 10th. Credit Suisse Group began coverage on shares of LTC Properties in a research note on Wednesday, July 10th. They set an underperform rating and a $19.00 price target on the stock. Finally, Deutsche Bank upped their price target on shares of Spirit Airlines from $75.00 to $79.00 and gave the company a buy rating in a research note on Friday, July 12th. One analyst has rated the stock with a sell rating, two have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of GBX 2,940.38 ($38.42).

Shares of LON:RDSA opened at GBX 2,539 ($33.18) on Tuesday. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 46.21. The stock’s fifty day moving average is GBX 2,540.13. Royal Dutch Shell has a fifty-two week low of GBX 2,209.50 ($28.87) and a fifty-two week high of GBX 2,687 ($35.11). The company has a market capitalization of $109.74 billion and a price-to-earnings ratio of 897.17.

The firm also recently declared a dividend, which was paid on Monday, June 24th. Investors of record on Thursday, May 16th were paid a dividend of $0.47 per share. This represents a yield of 1.49%. The ex-dividend date of this dividend was Thursday, May 16th. Royal Dutch Shell’s payout ratio is 52.30%.

Royal Dutch Shell Company Profile

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream 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:RDSA)

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