Royal Dutch Shell (NYSE:RDS.A) had its price objective hoisted by Cowen from $66.00 to $80.00 in a research report issued on Monday. The firm currently has an “outperform” rating on the energy company’s stock. Cowen’s price objective would indicate a potential upside of 14.56% from the company’s previous close.
Several other equities research analysts have also recently issued reports on RDS.A. ValuEngine raised shares of Royal Dutch Shell from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Zacks Investment Research raised shares of Royal Dutch Shell from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a research report on Wednesday, November 1st. Piper Jaffray Companies reissued a “buy” rating on shares of Royal Dutch Shell in a research report on Thursday, October 19th. Jefferies Group reissued a “buy” rating and issued a $63.20 price objective on shares of Royal Dutch Shell in a research report on Friday, October 6th. Finally, Scotiabank reissued a “hold” rating and issued a $67.00 price objective on shares of Royal Dutch Shell in a research report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $64.40.
Royal Dutch Shell (NYSE:RDS.A) opened at $69.83 on Monday. Royal Dutch Shell has a 52 week low of $50.32 and a 52 week high of $70.94. The company has a current ratio of 1.23, a quick ratio of 0.91 and a debt-to-equity ratio of 0.40. The company has a market cap of $289,441.88, a PE ratio of 26.86, a P/E/G ratio of 2.19 and a beta of 1.04.
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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.
