Royal Dutch Shell Plc (LON:RDSA)‘s stock had its “outperform” rating restated by Macquarie in a report released on Tuesday. They currently have a GBX 2,350 ($29.36) target price on the stock. Macquarie’s target price points to a potential upside of 16.86% from the company’s current price.
A number of other equities research analysts have also recently commented on RDSA. Jefferies Group upped their target price on shares of Royal Dutch Shell Plc from GBX 2,040 ($25.49) to GBX 2,400 ($29.99) and gave the company a “buy” rating in a report on Monday, July 11th. Morgan Stanley upped their target price on shares of Royal Dutch Shell Plc from GBX 2,280 ($28.49) to GBX 2,400 ($29.99) and gave the company an “overweight” rating in a report on Monday, July 11th. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 2,600 ($32.48) target price on shares of Royal Dutch Shell Plc in a report on Monday, July 18th. JPMorgan Chase & Co. boosted their price target on shares of Royal Dutch Shell Plc from GBX 1,630 ($20.36) to GBX 1,952 ($24.39) and gave the stock a “neutral” rating in a research note on Thursday, July 21st. Finally, Deutsche Bank AG reiterated a “buy” rating on shares of Royal Dutch Shell Plc in a research note on Monday, July 25th. One 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. Royal Dutch Shell Plc has an average rating of “Buy” and a consensus price target of GBX 2,145.06 ($26.80).
Royal Dutch Shell Plc (LON:RDSA) traded down 0.49% on Tuesday, reaching GBX 2011.00. 4,509,385 shares of the company’s stock were exchanged. Royal Dutch Shell Plc has a 12-month low of GBX 1,256.00 and a 12-month high of GBX 2,140.00. The firm has a 50 day moving average of GBX 2,044.93 and a 200-day moving average of GBX 1,917.02.
The company also recently disclosed a dividend, which will be paid on Friday, December 16th. Investors of record on Thursday, November 10th will be paid a dividend of GBX 0.47 ($0.01) per share. This represents a dividend yield of 1.81%. The ex-dividend date of this dividend is Thursday, November 10th.