Royal Dutch Shell (RDSA) Earns Buy Rating from Deutsche Bank

Deutsche Bank restated their buy rating on shares of Royal Dutch Shell (LON:RDSA) in a research report released on Friday morning.

Other equities analysts also recently issued reports about the stock. Jefferies Group reaffirmed a buy rating and set a GBX 2,720 ($38.18) price objective (up from GBX 2,650 ($37.20)) on shares of Royal Dutch Shell in a report on Monday, December 18th. Credit Suisse Group reaffirmed an outperform rating and set a GBX 2,725 ($38.25) price objective on shares of Royal Dutch Shell in a report on Thursday, February 1st. BNP Paribas reaffirmed an outperform rating and set a GBX 2,800 ($39.30) price objective on shares of Royal Dutch Shell in a report on Monday, February 12th. Barclays reaffirmed an overweight rating and set a GBX 3,000 ($42.11) price objective on shares of Royal Dutch Shell in a report on Tuesday, February 27th. Finally, JPMorgan Chase reaffirmed an overweight rating and set a GBX 2,950 ($41.41) price objective on shares of Royal Dutch Shell in a report on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company. The company has an average rating of Buy and an average price target of GBX 2,645.83 ($37.14).

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RDSA opened at GBX 2,321.50 ($32.59) on Friday. Royal Dutch Shell has a 1 year low of GBX 1,982.50 ($27.83) and a 1 year high of GBX 2,579.50 ($36.21).

The business also recently declared a dividend, which was paid on Monday, March 26th. Investors of record on Thursday, February 15th were issued a $0.47 dividend. This represents a dividend yield of 1.37%. The ex-dividend date of this dividend was Thursday, February 15th.

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Analyst Recommendations for Royal Dutch Shell (LON:RDSA)

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