UBS Group set a GBX 2,675 ($35.77) price objective on Royal Dutch Shell (LON:RDSB) in a research note issued to investors on Friday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
RDSB has been the subject of a number of other reports. Barclays reaffirmed an overweight rating and issued a GBX 3,000 ($40.11) target price on shares of Royal Dutch Shell in a research report on Tuesday, December 5th. Goldman Sachs Group set a GBX 2,520 ($33.69) target price on Royal Dutch Shell and gave the company a buy rating in a research report on Monday, September 11th. JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 2,650 ($35.43) price target on shares of Royal Dutch Shell in a research note on Thursday, November 9th. Canaccord Genuity lifted their price target on Royal Dutch Shell from GBX 1,900 ($25.40) to GBX 2,000 ($26.74) and gave the company a sell rating in a research note on Wednesday, October 11th. Finally, set a GBX 2,550 ($34.10) price target on Royal Dutch Shell and gave the company a buy rating in a research note on Friday, October 13th. Two analysts have rated the stock with a sell rating, two have given a hold rating and fifteen have issued a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of GBX 2,589.47 ($34.62).
Shares of Royal Dutch Shell (RDSB) opened at GBX 2,565 ($34.30) on Friday. Royal Dutch Shell has a 12-month low of GBX 2,037 ($27.24) and a 12-month high of GBX 2,580.53 ($34.50). The company has a market capitalization of $239,940.00 and a PE ratio of 2,375.00.
The business also recently declared a dividend, which was paid on Wednesday, December 20th. Investors of record on Thursday, November 16th were issued a $0.47 dividend. The ex-dividend date of this dividend was Thursday, November 16th. This represents a dividend yield of 1.47%.
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Royal Dutch Shell Company Profile
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.
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