Shares of Royal Dutch Shell plc (LON:RDSA) have been assigned a consensus recommendation of “Hold” from the seven research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 1,600 ($20.90).
Several brokerages recently issued reports on RDSA. Jefferies Financial Group began coverage on Royal Dutch Shell in a report on Thursday, January 21st. They issued a “buy” rating for the company. Barclays reiterated an “equal weight” rating on shares of Royal Dutch Shell in a report on Thursday, April 1st.
In other Royal Dutch Shell news, insider Andrew Mackenzie bought 7,396 shares of the stock in a transaction dated Monday, February 15th. The stock was bought at an average cost of GBX 1,345 ($17.57) per share, for a total transaction of £99,476.20 ($129,966.29).
The firm also recently announced a dividend, which will be paid on Monday, June 21st. Stockholders of record on Thursday, May 13th will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, May 13th. This is an increase from Royal Dutch Shell’s previous dividend of $0.17. This represents a dividend yield of 0.9%. Royal Dutch Shell’s dividend payout ratio (DPR) is currently -0.44%.
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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