Royal Bank of Canada restated their outperform rating on shares of Royal Dutch Shell (LON:RDSA) in a research report released on Tuesday, ThisIsMoney.Co.Uk reports.
A number of other research firms have also recently commented on RDSA. Barclays decreased their target price on shares of Royal Dutch Shell from GBX 2,800 ($36.83) to GBX 1,500 ($19.73) and set an equal weight rating on the stock in a research note on Thursday, March 19th. Jefferies Financial Group cut shares of Royal Dutch Shell to a hold rating and reduced their price objective for the company from GBX 2,470 ($32.49) to GBX 1,140 ($15.00) in a research report on Monday, March 16th. UBS Group reiterated a buy rating on shares of Royal Dutch Shell in a research report on Tuesday, January 14th. Credit Suisse Group reduced their price objective on shares of Royal Dutch Shell from GBX 2,750 ($36.17) to GBX 2,050 ($26.97) and set an outperform rating on the stock in a research report on Thursday, March 12th. Finally, HSBC upgraded shares of Royal Dutch Shell to a buy rating in a research report on Wednesday, February 12th. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of GBX 2,133.30 ($28.06).
LON RDSA opened at GBX 1,362.60 ($17.92) on Tuesday. Royal Dutch Shell has a 12 month low of GBX 3.05 ($0.04) and a 12 month high of GBX 2,637.50 ($34.69). The stock has a market cap of $52.64 billion and a price-to-earnings ratio of 6.99. The company’s 50 day moving average is GBX 1,611.82 and its two-hundred day moving average is GBX 2,098.46. The company has a current ratio of 1.16, a quick ratio of 0.72 and a debt-to-equity ratio of 50.63.
The company also recently announced a dividend, which was paid on Monday, March 23rd. Shareholders of record on Thursday, February 13th were issued a $0.47 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a yield of 1.69%. Royal Dutch Shell’s dividend payout ratio is presently 0.75%.
Royal Dutch Shell Company Profile
Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.
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