Royal Dutch Shell Plc (LON:RDSB) Earns “Overweight” Rating from Barclays PLC

Barclays PLC reiterated their overweight rating on shares of Royal Dutch Shell Plc (LON:RDSB) in a report published on Tuesday, July 4th. Barclays PLC currently has a GBX 2,750 ($35.83) price target on the stock.

A number of other research firms have also weighed in on RDSB. HSBC Holdings plc reissued a buy rating and set a GBX 2,500 ($32.57) target price on shares of Royal Dutch Shell Plc in a report on Monday, June 26th. J P Morgan Chase & Co set a GBX 2,600 ($33.87) price objective on Royal Dutch Shell Plc and gave the company a buy rating in a report on Friday, June 23rd. Credit Suisse Group set a GBX 2,500 ($32.57) price objective on Royal Dutch Shell Plc and gave the company a buy rating in a report on Friday, June 23rd. Macquarie lowered Royal Dutch Shell Plc to a neutral rating and decreased their price objective for the company from GBX 2,400 ($31.27) to GBX 2,150 ($28.01) in a report on Wednesday, June 21st. Finally, UBS AG set a GBX 2,550 ($33.22) price objective on Royal Dutch Shell Plc and gave the company a buy rating in a report on Monday, June 19th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. Royal Dutch Shell Plc presently has an average rating of Buy and a consensus target price of GBX 2,409.74 ($31.39).

Shares of Royal Dutch Shell Plc (RDSB) traded up 0.97% during trading on Tuesday, reaching GBX 2131.50. The company’s stock had a trading volume of 4,911,832 shares. The stock’s 50 day moving average price is GBX 2,102.67 and its 200 day moving average price is GBX 2,177.14. The company’s market cap is GBX 175.06 billion. Royal Dutch Shell Plc has a 52 week low of GBX 1,869.25 and a 52 week high of GBX 2,403.68.

TRADEMARK VIOLATION WARNING: This piece of content was posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this piece of content on another publication, it was stolen and republished in violation of US & international copyright & trademark legislation. The correct version of this piece of content can be viewed at https://www.chaffeybreeze.com/2017/07/30/royal-dutch-shell-plc-lonrdsb-given-overweight-rating-at-barclays-plc-updated-updated-updated.html.

The firm also recently announced a dividend, which will be paid on Monday, September 18th. Investors of record on Thursday, August 10th will be paid a dividend of $0.47 per share. The ex-dividend date is Thursday, August 10th. This represents a yield of 1.72%.

About Royal Dutch Shell Plc

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.

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

Receive News & Ratings for Royal Dutch Shell Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell Plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply