Sanford C. Bernstein set a GBX 3,300 ($43.12) price target on Royal Dutch Shell (LON:RDSB) in a report released on Thursday. The firm currently has a buy rating on the stock.
Several other research analysts have also recently weighed in on RDSB. UBS Group set a GBX 2,950 ($38.55) price objective on shares of Royal Dutch Shell and gave the stock a buy rating in a research report on Thursday. JPMorgan Chase & Co. set a GBX 3,250 ($42.47) price objective on shares of Royal Dutch Shell and gave the stock a buy rating in a research report on Thursday. Royal Bank of Canada restated an outperform rating and issued a GBX 3,200 ($41.81) price objective on shares of Royal Dutch Shell in a research report on Thursday. Morgan Stanley restated an overweight rating on shares of Royal Dutch Shell in a research report on Thursday, October 18th. Finally, Goldman Sachs Group upped their price objective on shares of Royal Dutch Shell from GBX 3,130 ($40.90) to GBX 3,280 ($42.86) and gave the stock a buy rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have issued a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of GBX 2,962.06 ($38.70).
RDSB stock opened at GBX 2,463 ($32.18) on Thursday. 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 company 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. This represents a yield of 1.47%. The ex-dividend date is Thursday, November 15th.
About Royal Dutch Shell
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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