Royal Bank of Canada set a GBX 2,750 ($35.93) price target on Royal Dutch Shell (LON:RDSB) in a research note published on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities research analysts also recently issued research reports about the company. Credit Suisse Group set a GBX 3,175 ($41.49) price target on Royal Dutch Shell and gave the company a buy rating in a research report on Friday, May 3rd. Berenberg Bank lifted their price objective on Royal Dutch Shell from GBX 3,000 ($39.20) to GBX 3,100 ($40.51) and gave the company a buy rating in a research report on Friday, May 3rd. Goldman Sachs Group set a GBX 3,350 ($43.77) price objective on Royal Dutch Shell and gave the company a buy rating in a research report on Thursday, May 2nd. UBS Group reiterated a buy rating and set a GBX 2,900 ($37.89) target price on shares of Royal Dutch Shell in a report on Thursday, May 2nd. Finally, HSBC upgraded shares of Royal Dutch Shell to a buy rating and lifted their target price for the company from GBX 2,730 ($35.67) to GBX 2,740 ($35.80) in a report on Monday, May 13th. Three analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company has a consensus rating of Buy and an average price target of GBX 2,987.50 ($39.04).
LON RDSB opened at GBX 2,585.50 ($33.78) on Monday. Royal Dutch Shell has a twelve month low of GBX 2,227 ($29.10) and a twelve month high of GBX 2,792.50 ($36.49). The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 46.21. The stock has a market cap of $96.66 billion and a price-to-earnings ratio of 9.14.
The company also recently announced a dividend, which will be paid on Monday, June 24th. Shareholders of record on Thursday, May 16th will be paid a $0.47 dividend. The ex-dividend date is Thursday, May 16th. This represents a yield of 1.48%. Royal Dutch Shell’s dividend payout ratio (DPR) is 0.52%.
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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