Royal Dutch Shell (LON:RDSA) had its target price trimmed by HSBC from GBX 2,850 ($37.24) to GBX 2,840 ($37.11) in a research note released on Tuesday morning. The firm currently has a hold rating on the stock.
Other research analysts have also recently issued reports about the stock. UBS Group set a GBX 3,000 ($39.20) price objective on shares of Royal Dutch Shell and gave the stock a buy rating in a research report on Thursday, July 26th. JPMorgan Chase & Co. set a GBX 3,300 ($43.12) price objective on shares of Royal Dutch Shell and gave the stock a buy rating in a research report on Thursday, July 26th. Barclays set a GBX 3,300 ($43.12) price objective on shares of Royal Dutch Shell and gave the stock a buy rating in a research report on Friday, July 27th. Goldman Sachs Group set a GBX 3,130 ($40.90) price objective on shares of Royal Dutch Shell and gave the stock a buy rating in a research report on Friday, August 3rd. Finally, Credit Suisse Group restated an outperform rating on shares of Royal Dutch Shell in a research report on Monday, October 22nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of GBX 2,973 ($38.85).
RDSA stock opened at GBX 2,418 ($31.60) on Tuesday. Royal Dutch Shell has a 1-year low of GBX 1,982.50 ($25.90) and a 1-year high of GBX 2,579.50 ($33.71).
The business also recently disclosed a dividend, which will be paid on Wednesday, December 19th. Investors of record on Thursday, November 15th will be given a $0.47 dividend. This represents a dividend yield of 1.51%. The ex-dividend date of this dividend is Thursday, November 15th.
Royal Dutch Shell Company Profile
Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for and extracts crude oil, natural gas, and natural gas liquids. The company also liquefies gas; converts natural gas to liquids to provide fuels and other products; markets and transports oil and gas; and extracts bitumen from mined oil sands and converts it to synthetic crude oil.
Receive News & Ratings for Royal Dutch Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell and related companies with MarketBeat.com's FREE daily email newsletter.