Royal Dutch Shell Plc (RDSA) Earns Overweight Rating from Barclays PLC

Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “overweight” rating reiterated by analysts at Barclays PLC in a report released on Friday, May 5th. They presently have a GBX 2,750 ($35.50) price target on the stock. Barclays PLC’s target price would suggest a potential upside of 29.84% from the company’s previous close.

A number of other brokerages have also weighed in on RDSA. Jefferies Group LLC lifted their price objective on Royal Dutch Shell Plc from GBX 2,450 ($31.63) to GBX 2,700 ($34.85) and gave the company a “buy” rating in a report on Tuesday, January 17th. HSBC Holdings plc boosted their price target on Royal Dutch Shell Plc from GBX 2,360 ($30.46) to GBX 2,600 ($33.56) and gave the stock a “buy” rating in a research note on Tuesday, January 10th. Morgan Stanley boosted their price target on Royal Dutch Shell Plc from GBX 2,600 ($33.56) to GBX 2,750 ($35.50) and gave the stock an “overweight” rating in a research note on Friday, January 27th. Credit Suisse Group AG reissued an “outperform” rating and set a GBX 2,450 ($31.63) price target on shares of Royal Dutch Shell Plc in a research note on Friday, February 3rd. Finally, Macquarie reissued an “outperform” rating and set a GBX 2,400 ($30.98) price target (down previously from GBX 2,450 ($31.63)) on shares of Royal Dutch Shell Plc in a research note on Friday, February 3rd. Two analysts have rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 2,426.50 ($31.32).

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

Shares of Royal Dutch Shell Plc (LON:RDSA) traded up 0.45% on Friday, reaching GBX 2118.00. The company had a trading volume of 7,720,445 shares. The company has a 50 day moving average of GBX 2,085.74 and a 200-day moving average of GBX 2,117.90. Royal Dutch Shell Plc has a 52 week low of GBX 1,645.00 and a 52 week high of GBX 2,295.50.

The firm also recently declared a dividend, which will be paid on Monday, June 26th. Shareholders of record on Thursday, May 18th will be issued a $0.47 dividend. The ex-dividend date is Thursday, May 18th. This represents a yield of 1.8%.

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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.

12 Month Chart for LON:RDSA

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