Royal Dutch Shell Plc (LON:RDSB) has been given a consensus rating of “Buy” by the sixteen research firms that are currently covering the firm, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 1,835.30 ($22.59).
Several equities analysts have weighed in on the stock. Jefferies Financial Group reaffirmed a “neutral” rating and set a GBX 1,360 ($16.74) price target on shares of Royal Dutch Shell in a report on Thursday, July 16th. HSBC lowered their target price on shares of Royal Dutch Shell from GBX 1,545 ($19.01) to GBX 1,500 ($18.46) and set a “neutral” rating on the stock in a report on Thursday, May 14th. Barclays reaffirmed an “equal weight” rating on shares of Royal Dutch Shell in a research note on Thursday, July 2nd. JPMorgan Chase & Co. set a GBX 1,700 ($20.92) price target on shares of Royal Dutch Shell and gave the company a “neutral” rating in a report on Thursday. Finally, Royal Bank of Canada set a GBX 2,000 ($24.61) price objective on shares of Royal Dutch Shell and gave the company a “buy” rating in a report on Thursday.
RDSB opened at GBX 1,080.80 ($13.30) on Tuesday. The company has a current ratio of 1.12, a quick ratio of 0.77 and a debt-to-equity ratio of 51.84. Royal Dutch Shell has a 12-month low of GBX 8.89 ($0.11) and a 12-month high of GBX 2,641 ($32.50). The company has a market cap of $40.06 billion and a price-to-earnings ratio of 8.84. The company’s 50 day moving average is GBX 1,249.86 and its 200 day moving average is GBX 1,484.09.
The business also recently declared a dividend, which will be paid on Monday, September 21st. Investors of record on Thursday, August 13th will be given a $0.16 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a yield of 1.04%. Royal Dutch Shell’s dividend payout ratio is currently 41.70%.
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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