Royal Dutch Shell Plc (LON:RDSB) has been assigned a GBX 2,325 ($29.05) price objective by Credit Suisse Group AG in a research note issued to investors on Thursday. The firm presently has a “buy” rating on the stock. Credit Suisse Group AG’s price objective indicates a potential upside of 12.29% from the stock’s previous close.
A number of other equities analysts have also recently weighed in on RDSB. JPMorgan Chase & Co. raised shares of Royal Dutch Shell Plc to an “overweight” rating and upped their price target for the stock from GBX 1,952 ($24.39) to GBX 2,500 ($31.23) in a research note on Wednesday, November 2nd. Goldman Sachs Group Inc. set a GBX 2,250 ($28.11) price objective on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research note on Friday, July 29th. Deutsche Bank AG set a GBX 2,220 ($27.74) price objective on shares of Royal Dutch Shell Plc and gave the company a “buy” rating in a research note on Tuesday, October 18th. HSBC reissued a “buy” rating and issued a GBX 2,460 ($30.73) price objective on shares of Royal Dutch Shell Plc in a research note on Tuesday, November 15th. Finally, S&P Global Inc. set a GBX 1,950 ($24.36) price objective on shares of Royal Dutch Shell Plc and gave the company a “neutral” rating in a research note on Thursday, July 28th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Royal Dutch Shell Plc currently has an average rating of “Buy” and a consensus price target of GBX 2,075.74 ($25.93).
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2094.00 on Thursday. Royal Dutch Shell Plc has a 1-year low of GBX 1,261.03 and a 1-year high of GBX 2,251.50. The stock’s market capitalization is GBX 168.66 billion. The stock has a 50 day moving average of GBX 2,135.78 and a 200-day moving average of GBX 1,975.80.
The business also recently declared a dividend, which will be paid on Friday, December 16th. Stockholders of record on Thursday, November 10th will be given a dividend of GBX 0.47 ($0.01) per share. This represents a dividend yield of 1.75%. The ex-dividend date is Thursday, November 10th.