Royal Dutch Shell (LON:RDSB) Hits New 1-Year High at $1,527.60

Royal Dutch Shell plc (LON:RDSB)’s share price hit a new 52-week high during trading on Friday . The company traded as high as GBX 1,527.60 ($19.96) and last traded at GBX 1,523 ($19.90), with a volume of 662196 shares. The stock had previously closed at GBX 1,520.40 ($19.86).

A number of equities analysts have recently commented on the company. Royal Bank of Canada set a GBX 2,200 ($28.74) target price on Royal Dutch Shell in a report on Friday, September 3rd. JPMorgan Chase & Co. set a GBX 2,100 ($27.44) price objective on Royal Dutch Shell in a report on Tuesday. Berenberg Bank boosted their price objective on Royal Dutch Shell from GBX 1,570 ($20.51) to GBX 1,720 ($22.47) and gave the company a “buy” rating in a report on Friday, July 30th. Deutsche Bank Aktiengesellschaft set a GBX 1,871 ($24.44) price objective on Royal Dutch Shell in a report on Wednesday. Finally, Barclays set a GBX 1,950 ($25.48) price objective on Royal Dutch Shell in a report on Wednesday. One research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, Royal Dutch Shell has an average rating of “Buy” and an average price target of GBX 1,940.55 ($25.35).

The company has a current ratio of 1.32, a quick ratio of 0.92 and a debt-to-equity ratio of 58.44. The stock has a 50-day simple moving average of GBX 1,427.95 and a two-hundred day simple moving average of GBX 1,390.77. The firm has a market capitalization of £118.74 billion and a P/E ratio of 29.24.

The business also recently declared a dividend, which was paid on Monday, September 20th. Stockholders of record on Thursday, August 12th were given a $0.24 dividend. This represents a dividend yield of 1.22%. This is a positive change from Royal Dutch Shell’s previous dividend of $0.17. The ex-dividend date of this dividend was Thursday, August 12th. Royal Dutch Shell’s payout ratio is presently 1.28%.

Royal Dutch Shell Company Profile (LON:RDSB)

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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