Jefferies Group restated their buy rating on shares of Royal Dutch Shell (LON:RDSA) in a research report sent to investors on Monday, December 18th. Jefferies Group currently has a GBX 2,720 ($36.89) price objective on the stock, up from their prior price objective of GBX 2,650 ($35.94).
A number of other equities analysts have also recently commented on RDSA. Barclays restated an overweight rating and set a GBX 3,000 ($40.68) target price on shares of Royal Dutch Shell in a report on Monday, December 4th. Morgan Stanley restated an overweight rating and set a GBX 2,930 ($39.73) target price on shares of Royal Dutch Shell in a report on Wednesday, November 29th. JPMorgan Chase & Co. raised their target price on Royal Dutch Shell from GBX 2,650 ($35.94) to GBX 2,850 ($38.65) and gave the company an overweight rating in a report on Wednesday, November 29th. Citigroup restated a sell rating and set a GBX 2,050 ($27.80) target price on shares of Royal Dutch Shell in a report on Wednesday, November 29th. Finally, Credit Suisse Group restated an outperform rating and set a GBX 2,635 ($35.73) target price on shares of Royal Dutch Shell in a report on Wednesday, November 29th. One research 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. Royal Dutch Shell has a consensus rating of Buy and a consensus target price of GBX 2,610 ($35.39).
Royal Dutch Shell (LON RDSA) traded up GBX 3 ($0.04) during midday trading on Monday, hitting GBX 2,573.50 ($34.90). The stock had a trading volume of 4,718,128 shares, compared to its average volume of 4,570,000. The stock has a market cap of $203,540.00 and a PE ratio of 1,286.75. Royal Dutch Shell has a fifty-two week low of GBX 1,982.50 ($26.89) and a fifty-two week high of GBX 2,579.50 ($34.98).
The firm also recently announced a dividend, which was paid on Wednesday, December 20th. Stockholders of record on Thursday, November 16th were given a dividend of $0.47 per share. This represents a dividend yield of 1.5%. The ex-dividend date was Thursday, November 16th.
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