Shares of Royal Dutch Shell Plc (LON:RDSA) have been given a consensus recommendation of “Hold” by the eleven research firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 2,861.14 ($37.39).
A number of equities research analysts have issued reports on RDSA shares. AlphaValue lowered Royal Dutch Shell to an “add” rating and reduced their price target for the company from GBX 2,890 ($37.76) to GBX 2,673 ($34.93) in a research report on Monday, August 12th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Royal Dutch Shell in a research report on Friday. Morgan Stanley reaffirmed an “equal weight” rating and issued a GBX 2,490 ($32.54) price target on shares of Royal Dutch Shell in a research report on Friday, July 12th. Credit Suisse Group reduced their price target on Royal Dutch Shell from GBX 3,175 ($41.49) to GBX 3,090 ($40.38) and set an “outperform” rating on the stock in a research report on Wednesday, July 10th. Finally, UBS Group reaffirmed a “buy” rating and issued a GBX 2,900 ($37.89) price target on shares of Royal Dutch Shell in a research report on Wednesday, May 29th.
In related news, insider Neil A. P. Carson purchased 16,000 shares of Royal Dutch Shell stock in a transaction on Tuesday, August 6th. The shares were bought at an average price of GBX 2,326 ($30.39) per share, with a total value of £372,160 ($486,292.96).
RDSA stock traded down GBX 7.50 ($0.10) during mid-day trading on Friday, reaching GBX 2,282.50 ($29.82). The company had a trading volume of 4,868,192 shares, compared to its average volume of 6,420,000. The company has a debt-to-equity ratio of 47.21, a quick ratio of 0.73 and a current ratio of 1.10. The company has a market capitalization of $97.90 billion and a price-to-earnings ratio of 919.62. The firm has a fifty day simple moving average of GBX 2,377.09 and a 200 day simple moving average of GBX 2,444.92. Royal Dutch Shell has a fifty-two week low of GBX 2,209.50 ($28.87) and a fifty-two week high of GBX 2,687 ($35.11).
The business also recently declared a dividend, which will be paid on Monday, September 23rd. Shareholders of record on Thursday, August 15th will be given a $0.47 dividend. This represents a yield of 1.48%. The ex-dividend date is Thursday, August 15th. Royal Dutch Shell’s dividend payout ratio is currently 62.85%.
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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