HSBC Holdings PLC Analysts Give Royal Dutch Shell plc (RDSB) a GBX 2,600 Price Target
HSBC Holdings PLC set a GBX 2,600 ($34.20) price objective on Royal Dutch Shell plc (LON:RDSB) in a research note issued to investors on Wednesday morning. The brokerage currently has a neutral rating on the stock.
RDSB has been the subject of several other research reports. J P Morgan Chase & Co reissued an overweight rating and set a GBX 2,650 ($34.85) price objective on shares of Royal Dutch Shell plc in a research note on Thursday, November 9th. lifted their price objective on Royal Dutch Shell plc from GBX 2,550 ($33.54) to GBX 2,650 ($34.85) and gave the company a buy rating in a research note on Tuesday, November 7th. Barclays PLC reaffirmed an overweight rating and set a GBX 2,850 ($37.49) price target on shares of Royal Dutch Shell plc in a research note on Friday, November 10th. Morgan Stanley set a GBX 2,930 ($38.54) price target on Royal Dutch Shell plc and gave the stock a buy rating in a research note on Tuesday, November 7th. Finally, Deutsche Bank AG lifted their price target on Royal Dutch Shell plc from GBX 2,450 ($32.22) to GBX 2,675 ($35.18) and gave the stock a buy rating in a research note on Monday, November 6th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have issued a buy rating to the stock. Royal Dutch Shell plc currently has an average rating of Buy and an average target price of GBX 2,548.89 ($33.52).
Royal Dutch Shell plc (LON:RDSB) opened at GBX 2,385 ($31.37) on Wednesday. Royal Dutch Shell plc has a 52-week low of GBX 2,012 ($26.46) and a 52-week high of GBX 2,580.53 ($33.94).
The business also recently declared a dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Thursday, November 16th will be given a $0.47 dividend. The ex-dividend date is Thursday, November 16th. This represents a dividend yield of 1.47%.
About Royal Dutch Shell plc
The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.
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