Royal Dutch Shell plc’s (RDSA) Outperform Rating Reaffirmed at Credit Suisse Group

Credit Suisse Group reaffirmed their outperform rating on shares of Royal Dutch Shell plc (LON:RDSA) in a report issued on Thursday. The firm currently has a GBX 2,635 ($34.66) target price on the stock.

A number of other analysts have also recently weighed in on RDSA. Morgan Stanley increased their price target on shares of Royal Dutch Shell plc from GBX 2,770 ($36.43) to GBX 2,930 ($38.54) and gave the stock a top pick rating in a research note on Tuesday. Barclays PLC reiterated an overweight rating and set a GBX 2,750 ($36.17) price target on shares of Royal Dutch Shell plc in a research note on Tuesday, August 15th. Deutsche Bank AG increased their price target on shares of Royal Dutch Shell plc from GBX 2,450 ($32.22) to GBX 2,675 ($35.18) and gave the stock a buy rating in a research note on Sunday, November 5th. HSBC Holdings plc reiterated a buy rating and set a GBX 2,500 ($32.88) price target on shares of Royal Dutch Shell plc in a research note on Monday, October 16th. Finally, Macquarie reiterated a neutral rating and set a GBX 2,150 ($28.28) price target on shares of Royal Dutch Shell plc in a research note on Monday, July 24th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of GBX 2,524.17 ($33.20).

Shares of Royal Dutch Shell plc (LON:RDSA) traded down GBX 37.50 ($0.49) during trading hours on Thursday, reaching GBX 2,418 ($31.80). 5,663,280 shares of the company were exchanged, compared to its average volume of 5,240,000. Royal Dutch Shell plc has a 12-month low of GBX 1,922.50 ($25.29) and a 12-month high of GBX 2,516.32 ($33.10).

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The business also recently declared a dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Thursday, November 16th will be issued a $0.47 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a dividend yield of 1.5%.

Analyst Recommendations for Royal Dutch Shell plc (LON:RDSA)

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