Sanford C. Bernstein reaffirmed their neutral rating on shares of Royal Dutch Shell (LON:RDSB) in a research note published on Tuesday morning, Borsen Zeitung reports. The firm currently has a GBX 1,700 ($22.36) price objective on the stock.
RDSB has been the subject of several other reports. Kepler Capital Markets decreased their price target on shares of Royal Dutch Shell from GBX 2,764.08 ($36.36) to GBX 2,529.22 ($33.27) and set a buy rating for the company in a research note on Friday, January 24th. JPMorgan Chase & Co. downgraded shares of Royal Dutch Shell to a neutral rating in a research report on Thursday, March 12th. Berenberg Bank reissued a buy rating on shares of Royal Dutch Shell in a research report on Monday, February 24th. Royal Bank of Canada set a GBX 1,700 ($22.36) price objective on shares of Royal Dutch Shell and gave the company a buy rating in a research report on Monday. Finally, Societe Generale dropped their price target on shares of Royal Dutch Shell from GBX 2,700 ($35.52) to GBX 2,550 ($33.54) and set a buy rating on the stock in a report on Tuesday, February 4th. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Royal Dutch Shell presently has a consensus rating of Buy and a consensus price target of GBX 2,437.45 ($32.06).
Shares of Royal Dutch Shell stock opened at GBX 1,311.80 ($17.26) on Tuesday. The company has a debt-to-equity ratio of 50.63, a current ratio of 1.16 and a quick ratio of 0.72. The company has a 50-day moving average of GBX 1,593.94 and a 200 day moving average of GBX 2,090.66. The firm has a market cap of $56.50 billion and a price-to-earnings ratio of 6.73. Royal Dutch Shell has a 1 year low of GBX 8.89 ($0.12) and a 1 year high of GBX 2,647 ($34.82).
The business also recently announced a dividend, which was paid on Monday, March 23rd. Stockholders of record on Thursday, February 13th were paid a dividend of $0.47 per share. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, February 13th. Royal Dutch Shell’s dividend payout ratio is currently 0.75%.
About Royal Dutch Shell
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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