Royal Dutch Shell Plc (LON:RDSA) has received an average rating of “Buy” from the fifteen ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 3,007.50 ($39.30).
RDSA has been the subject of a number of analyst reports. HSBC dropped their price target on shares of Royal Dutch Shell from GBX 2,880 ($37.63) to GBX 2,850 ($37.24) and set a “hold” rating for the company in a research report on Wednesday, October 17th. Barclays reissued an “overweight” rating on shares of Royal Dutch Shell in a research note on Tuesday, September 11th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Royal Dutch Shell in a research report on Tuesday, September 11th. JPMorgan Chase & Co. upped their price objective on shares of Royal Dutch Shell from GBX 3,100 ($40.51) to GBX 3,250 ($42.47) and gave the company an “overweight” rating in a report on Wednesday, October 17th. Finally, Deutsche Bank reiterated a “buy” rating on shares of Royal Dutch Shell in a report on Friday, November 2nd.
Shares of LON RDSA traded down GBX 217 ($2.84) during mid-day trading on Thursday, hitting GBX 2,264.50 ($29.59). The company had a trading volume of 7,641,263 shares, compared to its average volume of 6,420,000. Royal Dutch Shell has a one year low of GBX 1,982.50 ($25.90) and a one year high of GBX 2,579.50 ($33.71).
The firm also recently announced a dividend, which will be paid on Wednesday, December 19th. Investors of record on Thursday, November 15th will be issued a $0.47 dividend. The ex-dividend date of this dividend is Thursday, November 15th. This represents a dividend yield of 1.51%.
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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