Credit Suisse Group reaffirmed their outperform rating on shares of Royal Dutch Shell (LON:RDSA) in a research report sent to investors on Wednesday morning.
Other equities analysts also recently issued research reports about the stock. HSBC lowered their target price on shares of Royal Dutch Shell from GBX 2,880 ($37.63) to GBX 2,850 ($37.24) and set a hold rating on the stock in a report on Wednesday, October 17th. Barclays reaffirmed an overweight rating on shares of Royal Dutch Shell in a research note on Tuesday, September 11th. JPMorgan Chase & Co. upped their price target 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 research note on Wednesday, October 17th. Deutsche Bank reaffirmed a buy rating on shares of Royal Dutch Shell in a research note on Friday, November 2nd. Finally, Morgan Stanley reaffirmed an equal weight rating on shares of Royal Dutch Shell in a research note on Thursday, October 18th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of GBX 2,943 ($38.46).
RDSA stock opened at GBX 2,325 ($30.38) on Wednesday. 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 company also recently announced a dividend, which will be paid on Wednesday, December 19th. Stockholders of record on Thursday, November 15th will be paid a $0.47 dividend. This represents a dividend yield of 1.51%. 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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