Royal Dutch Shell (LON:RDSB) Given a GBX 1,815 Price Target at Credit Suisse Group


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Credit Suisse Group set a GBX 1,815 ($23.71) price target on Royal Dutch Shell (LON:RDSB) in a research note published on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other research analysts have also issued reports about the stock. The Goldman Sachs Group set a GBX 2,000 ($26.13) price target on shares of Royal Dutch Shell and gave the stock a neutral rating in a research note on Tuesday, March 30th. Sanford C. Bernstein reiterated a buy rating and set a GBX 2,400 ($31.36) price target on shares of Royal Dutch Shell in a research note on Friday, February 26th. Barclays reiterated a neutral rating and set a GBX 1,700 ($22.21) price target on shares of Royal Dutch Shell in a research note on Thursday, April 8th. Royal Bank of Canada set a GBX 2,000 ($26.13) price target on shares of Royal Dutch Shell and gave the stock a buy rating in a research note on Thursday, February 11th. Finally, UBS Group set a GBX 1,860 ($24.30) target price on shares of Royal Dutch Shell and gave the stock a buy rating in a research report on Thursday, April 8th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of GBX 1,820.83 ($23.79).

LON RDSB opened at GBX 1,328.54 ($17.36) on Tuesday. The company has a debt-to-equity ratio of 68.13, a quick ratio of 0.84 and a current ratio of 1.23. The firm has a market cap of £103.72 billion and a PE ratio of -6.55. Royal Dutch Shell has a one year low of GBX 845.10 ($11.04) and a one year high of GBX 1,523 ($19.90). The firm’s fifty day moving average is GBX 1,408.40 and its two-hundred day moving average is GBX 1,250.86.

The firm also recently disclosed a dividend, which was paid on Monday, March 29th. Stockholders of record on Thursday, February 18th were given a $0.17 dividend. This represents a dividend yield of 0.96%. The ex-dividend date was Thursday, February 18th. Royal Dutch Shell’s payout ratio is currently -0.47%.

About Royal Dutch Shell

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, Oil Products, Chemicals 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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