Royal Dutch Shell Plc (LON:RDSA) has been given an average rating of “Buy” by the twelve ratings firms that are currently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 2,696.63 ($35.47).
A number of analysts have recently weighed in on the stock. Credit Suisse Group reduced their target price on shares of Royal Dutch Shell from GBX 2,900 ($38.15) to GBX 2,800 ($36.83) and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Oddo Securities reduced their target price on shares of Royal Dutch Shell from GBX 2,750 ($36.17) to GBX 2,650 ($34.86) and set a “buy” rating on the stock in a report on Friday, November 1st. JPMorgan Chase & Co. reduced their target price on shares of Royal Dutch Shell from GBX 2,900 ($38.15) to GBX 2,850 ($37.49) and set an “overweight” rating on the stock in a report on Friday, December 6th. HSBC reduced their target price on shares of Royal Dutch Shell from GBX 2,500 ($32.89) to GBX 2,480 ($32.62) and set a “hold” rating on the stock in a report on Thursday, November 7th. Finally, Barclays restated an “equal weight” rating and issued a GBX 2,850 ($37.49) target price on shares of Royal Dutch Shell in a report on Tuesday, January 7th.
Shares of Royal Dutch Shell stock traded down GBX 6.50 ($0.09) during trading hours on Friday, reaching GBX 2,248.50 ($29.58). The company’s stock had a trading volume of 4,486,072 shares, compared to its average volume of 6,420,000. The firm has a 50 day moving average price of GBX 2,232.41 and a 200-day moving average price of GBX 2,340.74. Royal Dutch Shell has a one year low of GBX 3.05 ($0.04) and a one year high of GBX 2,637.50 ($34.69). The company has a debt-to-equity ratio of 46.18, a current ratio of 1.15 and a quick ratio of 0.75. The stock has a market cap of $93.71 billion and a P/E ratio of 895.46.
The company also recently declared a dividend, which was paid on Wednesday, December 18th. Investors of record on Thursday, November 14th were issued a dividend of $0.47 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a yield of 1.57%. Royal Dutch Shell’s payout ratio is 56.95%.
Royal Dutch Shell Company Profile
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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