Royal Dutch Shell’s (RDSB) “Buy” Rating Reaffirmed at UBS Group

UBS Group reissued their buy rating on shares of Royal Dutch Shell (LON:RDSB) in a report published on Monday, ThisIsMoney.Co.Uk reports.

Several other analysts also recently issued reports on RDSB. Morgan Stanley reiterated an equal weight rating and issued a GBX 2,490 ($32.54) price target on shares of Royal Dutch Shell in a report on Friday, July 12th. Goldman Sachs Group set a GBX 3,640 ($47.56) price target on Royal Dutch Shell and gave the company a buy rating in a report on Thursday, August 1st. Barclays reiterated an overweight rating on shares of Royal Dutch Shell in a report on Wednesday, July 24th. Royal Bank of Canada reiterated a sector performer rating on shares of Royal Dutch Shell in a report on Friday, August 2nd. Finally, Jefferies Financial Group set a GBX 3,050 ($39.85) price target on Royal Dutch Shell and gave the company a buy rating in a report on Wednesday, June 12th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Royal Dutch Shell presently has an average rating of Buy and an average price target of GBX 3,008.57 ($39.31).

Shares of LON RDSB opened at GBX 2,278.50 ($29.77) on Monday. Royal Dutch Shell has a 12-month low of GBX 2,227 ($29.10) and a 12-month high of GBX 2,725.50 ($35.61). The company has a market cap of $85.34 billion and a P/E ratio of 9.18. The company has a current ratio of 1.10, a quick ratio of 0.73 and a debt-to-equity ratio of 47.21. The stock has a fifty day moving average price of GBX 2,469.48 and a 200 day moving average price of GBX 2,470.75.

The company also recently disclosed a dividend, which will be paid on Monday, September 23rd. Shareholders of record on Thursday, August 15th will be given a $0.47 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a yield of 1.48%. Royal Dutch Shell’s payout ratio is currently 0.63%.

Royal Dutch Shell Company Profile

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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