Royal Dutch Shell Plc (RDSA) Receives “Buy” Rating from Jefferies Group LLC

Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Group LLC in a report released on Thursday.

Several other research firms also recently commented on RDSA. Barclays PLC increased their price objective on Royal Dutch Shell Plc from GBX 2,268 ($28.55) to GBX 2,650 ($33.35) and gave the company an “overweight” rating in a research note on Thursday, January 5th. HSBC Holdings plc increased their price objective on Royal Dutch Shell Plc from GBX 2,360 ($29.70) to GBX 2,600 ($32.72) and gave the company a “buy” rating in a research note on Tuesday, January 10th. Morgan Stanley increased their price objective on Royal Dutch Shell Plc from GBX 2,600 ($32.72) to GBX 2,750 ($34.61) and gave the company an “overweight” rating in a research note on Friday, January 27th. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 2,450 ($30.84) price objective on shares of Royal Dutch Shell Plc in a research note on Friday, February 3rd. Finally, Macquarie reaffirmed an “outperform” rating and issued a GBX 2,400 ($30.21) target price (down from GBX 2,450 ($30.84)) on shares of Royal Dutch Shell Plc in a research note on Friday, February 3rd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 2,323.19 ($29.24).

Analyst Recommendations for Royal Dutch Shell Plc (LON:RDSA)

Royal Dutch Shell Plc (LON:RDSA) traded down 0.42% during mid-day trading on Thursday, hitting GBX 1992.50. 5,194,887 shares of the stock traded hands. Royal Dutch Shell Plc has a 1-year low of GBX 1,644.10 and a 1-year high of GBX 2,295.50. The company’s 50 day moving average price is GBX 2,106.68 and its 200-day moving average price is GBX 2,115.61.

The firm also recently disclosed a dividend, which was paid on Monday, March 27th. Investors of record on Thursday, February 16th were given a dividend of €0.47 ($0.50) per share. This represents a dividend yield of 1.73%. The ex-dividend date of this dividend was Thursday, February 16th.

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In related news, insider Simon Henry sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, February 15th. The stock was sold at an average price of GBX 2,285 ($28.76), for a total transaction of £1,142,500 ($1,438,011.33).

About Royal Dutch Shell Plc

Royal Dutch Shell plc (Shell) is an independent oil and gas company, based in the United Kingdom. It operates in three segments: Upstream, Downstream and Corporate. Upstream combines the operating segments Upstream International and Upstream Americas, which are engaged in searching for and recovering crude oil and natural gas, the liquefaction and transportation of gas, the extraction of bitumen from oil sands and converting it into synthetic crude oil, and wind energy.

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