Today, Royal Dutch Shell Plc (RDSA) PT Decreased to GBX 2,260 at HSBC

Today, Royal Dutch Shell Plc (RDSA) PT Decreased to GBX 2,260 at HSBC
Royal Dutch Shell Plc (LON:RDSA) had its price target decreased by stock analysts at HSBC from GBX 2,360 ($29.49) to GBX 2,260 ($28.24) in a research report issued to clients and investors on Tuesday. The brokerage currently has a “buy” rating on the stock. HSBC’s price objective indicates a potential upside of 12.38% from the company’s previous close.

Other analysts have also issued research reports about the stock. Jefferies Group lifted 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 research report on Monday, July 11th. Deutsche Bank AG reiterated a “buy” rating on shares of Royal Dutch Shell Plc in a research report on Monday, July 25th. Societe Generale reiterated a “buy” rating and issued a GBX 2,500 ($31.23) target price on shares of Royal Dutch Shell Plc in a research report on Wednesday, November 2nd. Canaccord Genuity dropped their target price on shares of Royal Dutch Shell Plc from GBX 1,930 ($24.11) to GBX 1,830 ($22.86) and set a “hold” rating on the stock in a research report on Friday, July 29th. Finally, Citigroup Inc. reiterated a “neutral” rating on shares of Royal Dutch Shell Plc in a research report on Monday, August 1st. One investment 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. Royal Dutch Shell Plc currently has a consensus rating of “Buy” and a consensus target price of GBX 2,145.06 ($26.80).

Royal Dutch Shell Plc (LON:RDSA) traded down 0.49% during mid-day trading on Tuesday, reaching GBX 2011.00. 4,509,385 shares of the company were exchanged. Royal Dutch Shell Plc has a 1-year low of GBX 1,256.00 and a 1-year high of GBX 2,140.00. The company has a 50 day moving average of GBX 2,044.93 and a 200-day moving average of GBX 1,917.02.

The firm also recently announced 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 yield of 1.81%. The ex-dividend date of this dividend is Thursday, November 10th.

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