Royal Dutch Shell Plc (LON:RDSB) has been assigned an average rating of “Hold” from the thirteen research firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 2,928.64 ($38.27).
A number of research firms have weighed in on RDSB. JPMorgan Chase & Co. boosted their target price on shares of Royal Dutch Shell from GBX 2,700 ($35.28) to GBX 2,850 ($37.24) and gave the company an “overweight” rating in a research note on Friday. Berenberg Bank restated a “hold” rating on shares of Royal Dutch Shell in a research note on Thursday. HSBC set a GBX 2,710 ($35.41) price target on shares of Royal Dutch Shell and gave the company a “neutral” rating in a research note on Thursday. Barclays restated an “overweight” rating on shares of Royal Dutch Shell in a research note on Thursday, April 4th. Finally, Royal Bank of Canada cut shares of Royal Dutch Shell to a “sector performer” rating and dropped their price target for the company from GBX 2,900 ($37.89) to GBX 2,750 ($35.93) in a research note on Wednesday, February 27th.
RDSB traded down GBX 14.50 ($0.19) during midday trading on Wednesday, reaching GBX 2,490.50 ($32.54). The company had a trading volume of 2,610,560 shares, compared to its average volume of 5,080,000. The company has a quick ratio of 0.82, a current ratio of 1.25 and a debt-to-equity ratio of 37.93. The stock has a market cap of $93.10 billion and a price-to-earnings ratio of 8.89. Royal Dutch Shell has a 12-month low of GBX 2,227 ($29.10) and a 12-month high of GBX 2,844.50 ($37.17).
The company also recently announced a dividend, which was paid on Monday, March 25th. Shareholders of record on Thursday, February 14th were paid a $0.47 dividend. This represents a yield of 1.57%. The ex-dividend date was Thursday, February 14th. Royal Dutch Shell’s dividend payout ratio is presently 0.51%.
About Royal Dutch Shell
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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