Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “buy” rating reissued by equities research analysts at Goldman Sachs Group Inc. in a report issued on Wednesday. They presently have a GBX 2,325 ($29.05) price target on the stock, up from their previous price target of GBX 2,225 ($27.80). Goldman Sachs Group Inc.’s price target indicates a potential upside of 10.14% from the company’s current price.
Several other analysts also recently weighed in on RDSB. Barclays PLC boosted their price objective on Royal Dutch Shell Plc from GBX 2,450 ($30.61) to GBX 2,600 ($32.48) and gave the company an “overweight” rating in a research report on Tuesday, July 5th. Societe Generale set a GBX 2,500 ($31.23) price objective on Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Thursday, July 7th. Jefferies Group set a GBX 2,400 ($29.99) price objective on Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Monday, July 11th. HSBC set a GBX 2,275 ($28.42) price objective on Royal Dutch Shell Plc and gave the company a “buy” rating in a research report on Wednesday, July 13th. Finally, JPMorgan Chase & Co. boosted their target price on Royal Dutch Shell Plc from GBX 1,630 ($20.36) to GBX 1,952 ($24.39) and gave the company a “neutral” rating in a research note on Thursday, July 21st. One analyst has rated the stock with a sell rating, eight have issued a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of GBX 2,075.74 ($25.93).
Shares of Royal Dutch Shell Plc (LON:RDSB) traded down 0.3070% during trading on Wednesday, hitting GBX 2110.7026. The company had a trading volume of 4,352,275 shares. The firm’s market capitalization is GBX 170.00 billion. 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 company’s 50 day moving average is GBX 2,135.78 and its 200 day moving average is GBX 1,975.80.
The business also recently disclosed a dividend, which will be paid on Friday, December 16th. Stockholders of record on Thursday, November 10th will be paid a GBX 0.47 ($0.01) dividend. This represents a dividend yield of 1.75%. The ex-dividend date is Thursday, November 10th.