Morgan Stanley set a GBX 2,830 ($39.10) price objective on Royal Dutch Shell (LON:RDSB) in a research note released on Tuesday. The firm currently has a buy rating on the stock.

Other equities analysts also recently issued research reports about the stock. Deutsche Bank reissued a buy rating and issued a GBX 2,800 ($38.68) price objective on shares of Royal Dutch Shell in a research note on Monday, February 5th. Goldman Sachs Group reissued a buy rating on shares of Royal Dutch Shell in a research note on Tuesday. Royal Bank of Canada reissued an outperform rating and issued a GBX 2,500 ($34.54) price objective on shares of Royal Dutch Shell in a research note on Monday, October 23rd. Macquarie reissued a neutral rating and issued a GBX 2,150 ($29.70) price objective on shares of Royal Dutch Shell in a research note on Thursday, October 26th. Finally, JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 2,950 ($40.76) price objective on shares of Royal Dutch Shell in a research note on Tuesday, January 30th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of GBX 2,615.26 ($36.13).

Shares of Royal Dutch Shell (RDSB) opened at GBX 2,309 ($31.90) on Tuesday. The stock has a market cap of $216,160.00 and a P/E ratio of 1,818.11. Royal Dutch Shell has a 52-week low of GBX 2,037 ($28.14) and a 52-week high of GBX 2,617 ($36.16).

The company also recently disclosed a dividend, which will be paid on Monday, March 26th. Stockholders of record on Thursday, February 15th will be given a dividend of $0.47 per share. This represents a dividend yield of 1.35%. The ex-dividend date of this dividend is Thursday, February 15th.

ILLEGAL ACTIVITY NOTICE: “Morgan Stanley Analysts Give Royal Dutch Shell (RDSB) a GBX 2,830 Price Target” was originally posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another website, it was stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this story can be read at https://www.watchlistnews.com/morgan-stanley-analysts-give-royal-dutch-shell-rdsb-a-gbx-2830-price-target/1864834.html.

Royal Dutch Shell Company Profile

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.

Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

Receive News & Ratings for Royal Dutch Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell and related companies with MarketBeat.com's FREE daily email newsletter.