UBS Group set a GBX 2,750 ($35.93) price target on Royal Dutch Shell (LON:RDSB) in a research note published on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other research analysts also recently issued reports on the stock. Morgan Stanley restated an equal weight rating and set a GBX 2,490 ($32.54) price objective on shares of Royal Dutch Shell in a report on Friday, July 12th. Credit Suisse Group set a GBX 2,800 ($36.59) price objective on shares of Royal Dutch Shell and gave the stock a buy rating in a report on Friday, November 1st. HSBC set a GBX 2,500 ($32.67) price objective on shares of Royal Dutch Shell and gave the stock a neutral rating in a report on Wednesday, September 11th. Oddo Bhf set a GBX 2,650 ($34.63) price objective on shares of Royal Dutch Shell and gave the stock a buy rating in a report on Friday, November 1st. Finally, Royal Bank of Canada restated a sector performer rating and set a GBX 2,600 ($33.97) price objective on shares of Royal Dutch Shell in a report on Thursday, October 31st. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Royal Dutch Shell currently has an average rating of Buy and a consensus target price of GBX 2,810 ($36.72).
LON:RDSB opened at GBX 2,335.40 ($30.52) on Monday. The firm’s 50-day moving average is GBX 2,308.11 and its 200-day moving average is GBX 2,426.52. Royal Dutch Shell has a 52-week low of GBX 2,160 ($28.22) and a 52-week high of GBX 2,647 ($34.59). The company has a debt-to-equity ratio of 46.18, a quick ratio of 0.75 and a current ratio of 1.15. The company has a market cap of $87.21 billion and a price-to-earnings ratio of 9.30.
The firm also recently announced a dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Thursday, November 14th will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a dividend yield of 1.57%. Royal Dutch Shell’s dividend payout ratio (DPR) is currently 0.58%.
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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