Royal Dutch Shell Plc (RDSA) Stock Rating Reaffirmed by Morgan Stanley
Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “overweight” rating restated by equities researchers at Morgan Stanley in a note issued to investors on Monday.
RDSA has been the subject of several other research reports. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 2,600 ($33.68) price objective on shares of Royal Dutch Shell Plc in a research report on Wednesday, June 14th. Citigroup Inc. cut shares of Royal Dutch Shell Plc to a “sell” rating in a research report on Wednesday, April 19th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 2,750 ($35.62) price objective on shares of Royal Dutch Shell Plc in a research report on Tuesday, June 20th. Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 2,600 ($33.68) price objective on shares of Royal Dutch Shell Plc in a research report on Thursday. Finally, Credit Suisse Group boosted their target price on Royal Dutch Shell Plc from GBX 2,450 ($31.74) to GBX 2,500 ($32.38) and gave the stock an “outperform” rating in a research note on Friday, May 5th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the stock. Royal Dutch Shell Plc has an average rating of “Buy” and a consensus target price of GBX 2,407.14 ($31.18).
Shares of Royal Dutch Shell Plc (RDSA) opened at 2064.00 on Monday. Royal Dutch Shell Plc has a 12 month low of GBX 1,791.00 and a 12 month high of GBX 2,295.50. The company’s 50 day moving average is GBX 2,103.85 and its 200-day moving average is GBX 2,131.47.
The company also recently disclosed a dividend, which was paid on Monday, June 26th. Stockholders of record on Thursday, May 18th were paid a $0.47 dividend. This represents a dividend yield of 1.8%. The ex-dividend date of this dividend was Thursday, May 18th.
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Royal Dutch Shell Plc Company Profile
Royal Dutch Shell plc (Shell) is an independent oil and gas company, based in the United Kingdom. It operates in three segments: Upstream, Downstream and Corporate. Upstream combines the operating segments Upstream International and Upstream Americas, which are engaged in searching for and recovering crude oil and natural gas, the liquefaction and transportation of gas, the extraction of bitumen from oil sands and converting it into synthetic crude oil, and wind energy.
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