Shares of Royal Dutch Shell Plc (LON:RDSB) have received a consensus rating of “Hold” from the thirteen ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 2,928.64 ($38.27).
A number of equities analysts have recently commented on RDSB shares. Goldman Sachs Group raised their price objective on Royal Dutch Shell from GBX 3,150 ($41.16) to GBX 3,300 ($43.12) and gave the stock a “buy” rating in a report on Monday, January 7th. Deutsche Bank lowered shares of Royal Dutch Shell to a “hold” rating and reduced their target price for the company from GBX 2,800 ($36.59) to GBX 2,650 ($34.63) in a report on Monday, February 18th. Morgan Stanley reduced their target price on shares of Royal Dutch Shell from GBX 2,580 ($33.71) to GBX 2,180 ($28.49) and set an “underweight” rating on the stock in a report on Tuesday, January 8th. HSBC reduced their target price on shares of Royal Dutch Shell from GBX 2,900 ($37.89) to GBX 2,680 ($35.02) and set a “hold” rating on the stock in a report on Monday, January 14th. Finally, Credit Suisse Group set a GBX 3,030 ($39.59) target price on shares of Royal Dutch Shell and gave the company a “buy” rating in a report on Monday, December 31st.
Shares of LON:RDSB traded down GBX 14.50 ($0.19) during midday trading on Wednesday, hitting GBX 2,490.50 ($32.54). 2,610,560 shares of the company’s stock were exchanged, compared to its average volume of 5,080,000. The company has a debt-to-equity ratio of 37.93, a current ratio of 1.25 and a quick ratio of 0.82. The company has a market cap of $93.10 billion and a PE ratio of 8.89. Royal Dutch Shell has a 12 month low of GBX 2,227 ($29.10) and a 12 month high of GBX 2,844.50 ($37.17).
The business also recently announced a dividend, which was paid on Monday, March 25th. Stockholders of record on Thursday, February 14th were given a $0.47 dividend. The ex-dividend date of this dividend was Thursday, February 14th. This represents a dividend yield of 1.57%. Royal Dutch Shell’s dividend payout ratio is 0.51%.
About Royal Dutch Shell
Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.
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