UBS AG set a GBX 2,550 ($33.54) price target on Royal Dutch Shell plc (LON:RDSB) in a report released on Thursday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
A number of other research analysts also recently commented on RDSB. J P Morgan Chase & Co set a GBX 2,400 ($31.57) price objective on shares of Royal Dutch Shell and gave the company a buy rating in a research note on Wednesday, August 9th. Barclays PLC reaffirmed an overweight rating and set a GBX 2,750 ($36.17) price objective on shares of Royal Dutch Shell in a research note on Monday, August 7th. Morgan Stanley set a GBX 2,560 ($33.67) price objective on shares of Royal Dutch Shell and gave the company a buy rating in a research note on Monday, October 2nd. HSBC Holdings PLC set a GBX 2,600 ($34.20) price objective on shares of Royal Dutch Shell and gave the company a neutral rating in a research note on Wednesday, November 22nd. Finally, Royal Bank Of Canada set a GBX 2,500 ($32.88) price objective on shares of Royal Dutch Shell and gave the company a buy rating in a research note on Thursday, September 28th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of GBX 2,548.89 ($33.52).
Royal Dutch Shell (RDSB) opened at GBX 2,385 ($31.37) on Thursday. Royal Dutch Shell has a one year low of GBX 2,012 ($26.46) and a one year high of GBX 2,580.53 ($33.94).
The business also recently declared a dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Thursday, November 16th will be issued a $0.47 dividend. This represents a yield of 1.47%. The ex-dividend date is Thursday, November 16th.
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About Royal Dutch Shell
The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.
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