Royal Dutch Shell (LON:RDSB) Receives “Buy” Rating from Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Royal Dutch Shell (LON:RDSB) in a report issued on Monday morning, ThisIsMoney.Co.Uk reports.

RDSB has been the subject of a number of other reports. Barclays lowered their target price on Royal Dutch Shell from GBX 2,850 ($37.49) to GBX 2,800 ($36.83) and set an equal weight rating for the company in a research note on Thursday, January 30th. HSBC reaffirmed a buy rating and issued a GBX 2,450 ($32.23) price target on shares of Royal Dutch Shell in a report on Wednesday, February 12th. UBS Group reiterated a buy rating and set a GBX 2,450 ($32.23) price target on shares of Royal Dutch Shell in a research report on Friday, February 21st. Credit Suisse Group set a GBX 2,750 ($36.17) price objective on shares of Royal Dutch Shell and gave the stock a buy rating in a report on Thursday, January 30th. Finally, Royal Bank of Canada 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 report on Tuesday, February 4th. Three research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Royal Dutch Shell currently has an average rating of Buy and an average target price of GBX 2,743.70 ($36.09).

Shares of RDSB opened at GBX 1,684 ($22.15) on Monday. The company has a debt-to-equity ratio of 50.63, a quick ratio of 0.77 and a current ratio of 1.16. The company has a market cap of $62.78 billion and a price-to-earnings ratio of 8.64. The stock has a fifty day moving average price of GBX 2,071.73 and a two-hundred day moving average price of GBX 2,226.32. Royal Dutch Shell has a 52-week low of GBX 8.89 ($0.12) and a 52-week high of GBX 2,647 ($34.82).

The company also recently disclosed a dividend, which will be paid on Monday, March 23rd. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.47 per share. The ex-dividend date is Thursday, February 13th. This represents a yield of 1.7%. Royal Dutch Shell’s dividend payout ratio is currently 0.74%.

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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