Royal Dutch Shell Plc (RDSB) Given Buy Rating at Goldman Sachs Group Inc

Goldman Sachs Group Inc reissued their buy rating on shares of Royal Dutch Shell Plc (LON:RDSB) in a research note issued to investors on Friday, May 5th. The firm currently has a GBX 2,440 ($31.50) price objective on the stock.

RDSB has been the topic of several other reports. JPMorgan Chase & Co. set a GBX 2,600 ($33.56) price objective on Royal Dutch Shell Plc and gave the stock a buy rating in a report on Friday, January 13th. Barclays PLC reaffirmed an overweight rating and set a GBX 2,800 ($36.14) target price on shares of Royal Dutch Shell Plc in a research report on Friday, March 3rd. Panmure Gordon reaffirmed a buy rating and set a GBX 2,500 ($32.27) target price on shares of Royal Dutch Shell Plc in a research report on Friday, January 6th. HSBC Holdings plc reaffirmed a buy rating and set a GBX 2,700 ($34.85) target price on shares of Royal Dutch Shell Plc in a research report on Friday, February 3rd. Finally, Societe Generale set a GBX 2,450 ($31.63) price objective on Royal Dutch Shell Plc and gave the stock a neutral rating in a research report on Tuesday, January 31st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of GBX 2,465.28 ($31.82).

Royal Dutch Shell Plc (LON:RDSB) traded up 0.19% during trading on Friday, hitting GBX 2165.00. The company’s stock had a trading volume of 8,825,837 shares. The firm has a 50 day moving average of GBX 2,153.13 and a 200 day moving average of GBX 2,207.40. Royal Dutch Shell Plc has a 12 month low of GBX 1,646.00 and a 12 month high of GBX 2,403.68. The firm’s market cap is GBX 176.55 billion.

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The firm also recently announced a dividend, which will be paid on Monday, June 26th. Stockholders of record on Thursday, May 18th will be paid a $0.47 dividend. This represents a dividend yield of 1.77%. The ex-dividend date of this dividend is Thursday, May 18th.

Royal Dutch Shell Plc Company Profile

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.

12 Month Chart for LON:RDSB

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