Royal Dutch Shell (RDSB) PT Set at GBX 2,700 by S&P Global

S&P Global set a GBX 2,700 ($37.86) target price on Royal Dutch Shell (LON:RDSB) in a report issued on Friday morning. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also recently weighed in on RDSB. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 2,950 ($41.36) price target on shares of Royal Dutch Shell in a report on Tuesday, January 30th. Goldman Sachs Group reaffirmed a buy rating and set a GBX 2,790 ($39.12) price target on shares of Royal Dutch Shell in a report on Wednesday, January 31st. Societe Generale raised their price target on Royal Dutch Shell from GBX 2,660 ($37.30) to GBX 2,750 ($38.56) and gave the company a hold rating in a report on Tuesday, January 30th. Kepler Capital Markets reaffirmed a buy rating on shares of Royal Dutch Shell in a report on Thursday, January 18th. Finally, UBS Group set a GBX 2,675 ($37.51) price target on Royal Dutch Shell and gave the company a buy rating in a report on Tuesday, January 30th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and fifteen have given a buy rating to the company. Royal Dutch Shell presently has an average rating of Buy and a consensus price target of GBX 2,620.53 ($36.74).

Shares of Royal Dutch Shell (LON RDSB) opened at GBX 2,397 ($33.61) on Friday. Royal Dutch Shell has a twelve month low of GBX 2,037 ($28.56) and a twelve month high of GBX 2,617 ($36.69). The firm has a market capitalization of $226,630.00 and a price-to-earnings ratio of 1,917.60.

The business also recently declared a dividend, which will be paid on Monday, March 26th. Stockholders of record on Thursday, February 15th will be given a $0.47 dividend. The ex-dividend date is Thursday, February 15th. This represents a dividend yield of 1.35%.

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About Royal Dutch Shell

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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