UBS Group set a GBX 2,950 ($38.55) target price on Royal Dutch Shell (LON:RDSB) in a research note released on Thursday, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
RDSB has been the topic of a number of other research reports. HSBC set a GBX 2,850 ($37.24) price target on Royal Dutch Shell and gave the stock a neutral rating in a research note on Thursday, October 18th. Barclays restated an overweight rating on shares of Royal Dutch Shell in a research note on Tuesday. Goldman Sachs Group lifted their target price on Royal Dutch Shell from GBX 2,980 ($38.94) to GBX 3,130 ($40.90) and gave the company a buy rating in a research note on Friday, September 14th. Morgan Stanley lifted their target price on Royal Dutch Shell from GBX 2,411 ($31.50) to GBX 2,830 ($36.98) and gave the company an overweight rating in a research note on Wednesday, September 5th. Finally, JPMorgan Chase & Co. set a GBX 3,300 ($43.12) target price on Royal Dutch Shell and gave the company a buy rating in a research note on Monday, September 3rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have given a buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of GBX 2,962.06 ($38.70).
LON:RDSB traded down GBX 19.50 ($0.25) during mid-day trading on Thursday, reaching GBX 2,455.50 ($32.09). 4,334,886 shares of the stock were exchanged, compared to its average volume of 5,080,000. Royal Dutch Shell has a 1 year low of GBX 2,037 ($26.62) and a 1 year high of GBX 2,617 ($34.20).
The business also recently announced a dividend, which will be paid on Wednesday, December 19th. Shareholders of record on Thursday, November 15th will be paid a $0.47 dividend. The ex-dividend date is Thursday, November 15th. This represents a dividend yield of 1.47%.
Royal Dutch Shell Company Profile
Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for and extracts crude oil, natural gas, and natural gas liquids. The company also liquefies gas; converts natural gas to liquids to provide fuels and other products; markets and transports oil and gas; and extracts bitumen from mined oil sands and converts it to synthetic crude oil.
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