Royal Dutch Shell (LON:RDSB) Given a GBX 1,815 Price Target at Credit Suisse Group


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Credit Suisse Group set a GBX 1,815 ($23.71) price target on Royal Dutch Shell (LON:RDSB) in a research note published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other analysts have also weighed in on the stock. Jefferies Financial Group set a GBX 1,780 ($23.26) price objective on shares of Royal Dutch Shell and gave the stock a buy rating in a report on Wednesday. UBS Group restated a buy rating and set a GBX 1,860 ($24.30) price target on shares of Royal Dutch Shell in a research report on Friday, March 12th. JPMorgan Chase & Co. set a GBX 2,000 ($26.13) price objective on Royal Dutch Shell and gave the company a buy rating in a research report on Wednesday, March 10th. Royal Bank of Canada set a GBX 2,000 ($26.13) price objective on Royal Dutch Shell and gave the stock a buy rating in a research note on Thursday, February 11th. Finally, The Goldman Sachs Group set a GBX 2,000 ($26.13) target price on Royal Dutch Shell and gave the company a neutral rating in a research note on Tuesday, March 30th. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of GBX 1,795 ($23.45).

RDSB opened at GBX 1,365.20 ($17.84) on Wednesday. The firm has a market cap of £106.59 billion and a price-to-earnings ratio of -4.94. The company has a debt-to-equity ratio of 68.13, a quick ratio of 0.84 and a current ratio of 1.23. The firm’s 50-day simple moving average is GBX 1,409.09 and its 200-day simple moving average is GBX 1,240.14. Royal Dutch Shell has a twelve month low of GBX 845.10 ($11.04) and a twelve month high of GBX 1,523 ($19.90).

The firm also recently disclosed a dividend, which was paid on Monday, March 29th. Investors of record on Thursday, February 18th were issued a $0.17 dividend. The ex-dividend date of this dividend was Thursday, February 18th. This represents a yield of 0.96%. Royal Dutch Shell’s dividend payout ratio is currently -0.34%.

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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Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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