Royal Dutch Shell (LON:RDSB) PT Set at GBX 3,090 by Credit Suisse Group

Credit Suisse Group set a GBX 3,090 ($40.38) price target on Royal Dutch Shell (LON:RDSB) in a report issued on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other equities research analysts also recently weighed in on the stock. Jefferies Financial Group initiated coverage on shares of in a research report on Wednesday, June 12th. They issued a hold rating and a GBX 250 ($3.27) price target for the company. Deutsche Bank set a €95.00 ($110.47) price target on shares of Beiersdorf and gave the company a neutral rating in a research report on Tuesday, May 14th. Morgan Stanley set a €9.00 ($10.47) price target on shares of Commerzbank and gave the company a neutral rating in a research report on Thursday, May 9th. Goldman Sachs Group upgraded shares of to a buy rating and set a GBX 1,180 ($15.42) price target for the company in a research report on Tuesday, June 4th. Finally, UBS Group reiterated a buy rating and issued a $190.00 price target on shares of salesforce.com in a research report on Wednesday, June 5th. Three research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Royal Dutch Shell currently has a consensus rating of Buy and an average price target of GBX 2,996.54 ($39.16).

LON RDSB opened at GBX 2,591 ($33.86) on Wednesday. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 46.21. Royal Dutch Shell has a 1-year low of GBX 2,227 ($29.10) and a 1-year high of GBX 2,766.50 ($36.15). The company has a 50 day simple moving average of GBX 2,548.17. The firm has a market capitalization of $97.05 billion and a P/E ratio of 9.16.

The company also recently disclosed a dividend, which was paid on Monday, June 24th. Shareholders of record on Thursday, May 16th were given a dividend of $0.47 per share. The ex-dividend date was Thursday, May 16th. This represents a yield of 1.48%. Royal Dutch Shell’s dividend payout ratio is currently 0.52%.

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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Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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