Shares of Royal Dutch Shell plc (LON:RDSB) have been assigned a consensus recommendation of “Buy” from the thirteen ratings firms that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 1,811.67 ($23.67).
A number of equities analysts have recently weighed in on the company. Sanford C. Bernstein reaffirmed a “buy” rating and issued a GBX 2,400 ($31.36) price objective on shares of Royal Dutch Shell in a research note on Friday, February 26th. The Goldman Sachs Group set a GBX 2,000 ($26.13) price target on Royal Dutch Shell and gave the company a “neutral” rating in a research note on Tuesday, March 30th. Berenberg Bank set a GBX 1,570 ($20.51) price target on Royal Dutch Shell and gave the company a “buy” rating in a research note on Friday, February 12th. Credit Suisse Group set a GBX 1,815 ($23.71) price target on Royal Dutch Shell and gave the company a “buy” rating in a research note on Wednesday. Finally, UBS Group set a GBX 1,860 ($24.30) price target on Royal Dutch Shell and gave the company a “buy” rating in a research note on Thursday.
Shares of LON RDSB traded down GBX 37.40 ($0.49) during mid-day trading on Monday, reaching GBX 1,337 ($17.47). The company’s stock had a trading volume of 3,632,270 shares, compared to its average volume of 6,768,857. The firm has a market capitalization of £104.39 billion and a PE ratio of -4.88. The company has a debt-to-equity ratio of 68.13, a current ratio of 1.23 and a quick ratio of 0.84. The stock has a fifty day moving average of GBX 1,409.09 and a two-hundred day moving average of GBX 1,240.14. Royal Dutch Shell has a 52 week low of GBX 845.10 ($11.04) and a 52 week high of GBX 1,523 ($19.90).
The firm also recently declared a dividend, which was paid on Monday, March 29th. Stockholders of record on Thursday, February 18th were issued a $0.17 dividend. The ex-dividend date of this dividend was Thursday, February 18th. This represents a dividend yield of 0.96%. Royal Dutch Shell’s payout ratio is -0.34%.
Royal Dutch Shell Company Profile
Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, Oil Products, Chemicals segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.
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