Royal Dutch Shell Plc (RDSA) Receives Average Recommendation of “Buy” from Brokerages

Shares of Royal Dutch Shell Plc (LON:RDSA) have earned an average rating of “Buy” from the thirteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 2,623.08 ($36.24).

RDSA has been the topic of several analyst reports. Credit Suisse Group reissued an “outperform” rating and issued a GBX 2,635 ($36.41) price target on shares of Royal Dutch Shell in a report on Wednesday, November 29th. Citigroup reissued a “sell” rating and issued a GBX 2,050 ($28.32) price target on shares of Royal Dutch Shell in a report on Wednesday, November 29th. Barclays reissued an “overweight” rating and issued a GBX 2,850 ($39.38) price target on shares of Royal Dutch Shell in a report on Friday, November 24th. JPMorgan Chase & Co. boosted their price target on shares of Royal Dutch Shell from GBX 2,400 ($33.16) to GBX 2,650 ($36.61) and gave the company an “overweight” rating in a report on Thursday, October 19th. Finally, Macquarie reissued a “neutral” rating and issued a GBX 2,150 ($29.70) price target on shares of Royal Dutch Shell in a report on Thursday, October 26th.

Shares of Royal Dutch Shell (RDSA) traded down GBX 218.50 ($3.02) during trading on Friday, reaching GBX 2,263 ($31.27). 4,337,749 shares of the company’s stock traded hands, compared to its average volume of 5,420,000. The company has a market cap of $203,270.00 and a price-to-earnings ratio of 1,131.50. Royal Dutch Shell has a 12-month low of GBX 1,982.50 ($27.39) and a 12-month high of GBX 2,579.50 ($35.64).

The company also recently announced a dividend, which will be paid on Monday, March 26th. Stockholders of record on Thursday, February 15th will be issued a $0.47 dividend. This represents a dividend yield of 1.37%. The ex-dividend date is Thursday, February 15th.

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About Royal Dutch Shell

Analyst Recommendations for Royal Dutch Shell (LON:RDSA)

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