Royal Dutch Shell (RDSB) Given a GBX 2,700 Price Target at Deutsche Bank

Deutsche Bank set a GBX 2,700 ($36.62) target price on Royal Dutch Shell (LON:RDSB) in a report published on Friday. The brokerage currently has a buy rating on the stock.

RDSB has been the topic of a number of other reports. Credit Suisse Group set a GBX 2,725 ($36.95) price objective on Royal Dutch Shell and gave the stock a buy rating in a report on Friday, January 5th. UBS Group set a GBX 2,675 ($36.28) price objective on Royal Dutch Shell and gave the stock a buy rating in a report on Friday, January 5th. Barclays restated an overweight rating and issued a GBX 3,000 ($40.68) price objective on shares of Royal Dutch Shell in a report on Wednesday, January 3rd. Royal Bank of Canada restated an outperform rating and issued a GBX 2,800 ($37.97) price objective on shares of Royal Dutch Shell in a report on Tuesday, January 2nd. Finally, JPMorgan Chase & Co. restated an overweight rating and issued a GBX 2,650 ($35.94) price objective on shares of Royal Dutch Shell in a report on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and fifteen have issued a buy rating to the stock. Royal Dutch Shell presently has a consensus rating of Buy and an average price target of GBX 2,589.47 ($35.12).

Shares of Royal Dutch Shell (RDSB) traded down GBX 4 ($0.05) during trading hours on Friday, reaching GBX 2,603 ($35.30). The company’s stock had a trading volume of 5,442,989 shares, compared to its average volume of 3,960,000. Royal Dutch Shell has a 12-month low of GBX 2,037 ($27.62) and a 12-month high of GBX 2,612 ($35.42). The firm has a market cap of $241,690.00 and a price-to-earnings ratio of 2,410.19.

The business also recently announced a dividend, which was paid on Wednesday, December 20th. Investors of record on Thursday, November 16th were issued a dividend of $0.47 per share. The ex-dividend date of this dividend was Thursday, November 16th. This represents a dividend yield of 1.47%.

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Royal Dutch Shell 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 (LON:RDSB)

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