Goldman Sachs Group, Inc. (The) Raises Royal Dutch Shell Plc (LON:RDSB) Price Target to GBX 2,490

Royal Dutch Shell Plc (LON:RDSB) had its price objective boosted by Goldman Sachs Group, Inc. (The) from GBX 2,440 ($31.86) to GBX 2,490 ($32.52) in a report released on Thursday morning. They currently have a buy rating on the stock.

Several other research analysts have also commented on RDSB. Morgan Stanley set a GBX 2,750 ($35.91) price target on Royal Dutch Shell Plc and gave the stock a buy rating in a report on Wednesday, March 15th. HSBC Holdings plc reiterated a buy rating and set a GBX 2,700 ($35.26) price target on shares of Royal Dutch Shell Plc in a report on Thursday, March 16th. Barclays PLC reduced their price target on Royal Dutch Shell Plc from GBX 2,800 ($36.56) to GBX 2,750 ($35.91) and set an overweight rating on the stock in a report on Tuesday, March 21st. Deutsche Bank AG reissued a buy rating on shares of Royal Dutch Shell Plc in a research report on Tuesday, April 4th. Finally, UBS AG set a GBX 2,500 ($32.65) price objective on Royal Dutch Shell Plc and gave the stock a buy rating in a research report on Tuesday, April 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and fifteen have assigned a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of GBX 2,417.63 ($31.57).

Royal Dutch Shell Plc (RDSB) opened at 2068.50 on Thursday. The company’s market cap is GBX 168.68 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. The firm’s 50-day moving average is GBX 2,149.27 and its 200-day moving average is GBX 2,211.24.

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The business also recently disclosed a dividend, which was paid on Monday, June 26th. Stockholders of record on Thursday, May 18th were given a dividend of $0.47 per share. This represents a dividend yield of 1.77%. The ex-dividend date of this dividend was 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.

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

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