JPMorgan Chase & Co. Analysts Give Royal Dutch Shell (RDSB) a GBX 2,800 Price Target

JPMorgan Chase & Co. set a GBX 2,800 ($36.59) price target on Royal Dutch Shell (LON:RDSB) in a research report released on Wednesday. The brokerage currently has a buy rating on the stock.

A number of other research analysts have also weighed in on the company. UBS Group reaffirmed a buy rating on shares of Royal Dutch Shell in a research report on Monday, November 12th. Goldman Sachs Group increased their target price on Royal Dutch Shell from GBX 2,980 ($38.94) to GBX 3,130 ($40.90) and gave the company a buy rating in a research note on Friday, September 14th. Royal Bank of Canada increased their target price on Royal Dutch Shell from GBX 2,800 ($36.59) to GBX 2,900 ($37.89) and gave the company an outperform rating in a research note on Monday, August 20th. Barclays reiterated an overweight rating on shares of Royal Dutch Shell in a research note on Tuesday, October 30th. Finally, Credit Suisse Group reiterated an outperform rating and set a GBX 3,175 ($41.49) target price on shares of Royal Dutch Shell in a research note on Wednesday, October 17th. Three investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Royal Dutch Shell currently has a consensus rating of Buy and a consensus price target of GBX 3,017 ($39.42).

RDSB stock opened at GBX 2,365 ($30.90) on Wednesday. Royal Dutch Shell has a twelve month low of GBX 2,037 ($26.62) and a twelve month high of GBX 2,617 ($34.20).

The firm also recently announced a dividend, which will be paid on Wednesday, December 19th. Shareholders of record on Thursday, November 15th will be paid a dividend of $0.47 per share. The ex-dividend date is Thursday, November 15th. This represents a yield of 1.47%.

About Royal Dutch Shell

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.

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Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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