Royal Dutch Shell Plc (RDSA) Receives Average Rating of "Buy" from Brokerages

Credit Suisse Group reiterated an "outperform" rating and issued a GBX 2,635 ($36.41) price objective on shares of Royal Dutch Shell in a report on Wednesday, November 29th. The brokerage now has a buy rating on the stock. Morgan Stanley lifted their price objective on Royal Dutch Shell from GBX 2,930 ($40.48) to GBX 3,040 ($42.00) and gave the stock a "top pick" rating in a report on Monday, January 8th.

Royal Dutch Shell (LON:RDSA)'s stock had its "overweight" rating restated by equities researchers at JPMorgan Chase & Co.in a research report issued on Wednesday, February 14th. Morgan Stanley reissued an "overweight" rating and set a GBX 2,930 ($40.48) price target on shares of Royal Dutch Shell in a research note on Wednesday, November 29th.

Shares of Royal Dutch Shell (RDSB) opened at GBX 2,280 ($31.50) on Monday.

Other research analysts have also issued reports about the stock. boosted their price target on shares of Royal Dutch Shell from GBX 2,500 ($34.54) to GBX 2,600 ($35.92) and gave the stock a "buy" rating in a research note on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company's stock. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 2,633.33 ($36.38). Royal Dutch Shell has a 1 year low of GBX 1,982.50 ($27.39) and a 1 year high of GBX 2,579.50 ($35.64). The stock had a trading volume of 4,350,428 shares, compared to its average volume of 6,390,000. The company has a market capitalization of $214,150.00 and a price-to-earnings ratio of 1,556.12. Shareholders of record on Thursday, February 15th will be given a dividend of $0.47 per share. This represents a dividend yield of 1.35%. The ex-dividend date is Thursday, February 15th. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of US and global trademark & copyright laws.

The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company's segments include Integrated Gas, Upstream, Downstream and Corporate.