Royal Dutch Shell Plc (RDSA) Given Average Recommendation of “Buy” by Brokerages
Royal Dutch Shell Plc (LON:RDSA) has been assigned a consensus recommendation of “Buy” from the fifteen brokerages that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 2,395.83 ($30.94).
Several equities research analysts have weighed in on the company. J P Morgan Chase & Co restated an “overweight” rating and set a GBX 2,600 ($33.58) target price on shares of Royal Dutch Shell Plc in a research note on Wednesday, June 14th. Barclays PLC restated an “overweight” rating and set a GBX 2,750 ($35.52) target price on shares of Royal Dutch Shell Plc in a research note on Tuesday, June 20th. Jefferies Group LLC restated a “buy” rating and set a GBX 2,600 ($33.58) target price on shares of Royal Dutch Shell Plc in a research note on Thursday, July 13th. Macquarie cut Royal Dutch Shell Plc to a “neutral” rating and cut their target price for the stock from GBX 2,400 ($31.00) to GBX 2,150 ($27.77) in a research note on Wednesday, June 21st. Finally, Deutsche Bank AG upped their target price on Royal Dutch Shell Plc from GBX 2,400 ($31.00) to GBX 2,450 ($31.64) and gave the stock a “buy” rating in a research note on Monday, September 4th.
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Royal Dutch Shell Plc (LON:RDSA) traded down 0.42% during midday trading on Tuesday, hitting GBX 2135.50. The stock had a trading volume of 3,518,195 shares. The company has a 50-day moving average of GBX 2,135.82 and a 200-day moving average of GBX 2,102.08. Royal Dutch Shell Plc has a 1-year low of GBX 1,791.00 and a 1-year high of GBX 2,295.50.
The business also recently disclosed a dividend, which will be paid on Monday, September 18th. Investors of record on Thursday, August 10th will be issued a $0.47 dividend. The ex-dividend date of this dividend is Thursday, August 10th. This represents a yield of 1.73%.
Royal Dutch Shell Plc Company Profile
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