J P Morgan Chase & Co set a GBX 2,400 ($31.66) price target on Royal Dutch Shell Plc (LON:RDSB) in a research note issued to investors on Friday. The brokerage currently has a buy rating on the stock.

RDSB has been the topic of several other research reports. Barclays PLC restated an overweight rating and set a GBX 2,750 ($36.27) price target on shares of Royal Dutch Shell Plc in a report on Tuesday, July 4th. Morgan Stanley set a GBX 2,750 ($36.27) price target on Royal Dutch Shell Plc and gave the company a buy rating in a report on Monday, April 24th. Macquarie lowered Royal Dutch Shell Plc to a neutral rating and decreased their price target for the company from GBX 2,400 ($31.66) to GBX 2,150 ($28.36) in a report on Wednesday, June 21st. Canaccord Genuity restated a sell rating and set a GBX 1,900 ($25.06) price target on shares of Royal Dutch Shell Plc in a report on Friday, July 21st. Finally, Goldman Sachs Group, Inc. (The) increased their price target on Royal Dutch Shell Plc from GBX 2,400 ($31.66) to GBX 2,440 ($32.19) and gave the company a buy rating in a report on Wednesday, April 5th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and fifteen have issued a buy rating to the company. Royal Dutch Shell Plc currently has an average rating of Buy and an average price target of GBX 2,411.32 ($31.81).

Royal Dutch Shell Plc (LON RDSB) opened at 2166.50 on Friday. Royal Dutch Shell Plc has a 52 week low of GBX 1,869.25 and a 52 week high of GBX 2,403.68. The company has a 50 day moving average of GBX 2,102.67 and a 200 day moving average of GBX 2,173.08. The stock’s market capitalization is GBX 177.93 billion.

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The company also recently declared a dividend, which will be paid on Monday, September 18th. Stockholders of record on Thursday, August 10th will be paid a dividend of $0.47 per share. The ex-dividend date is Thursday, August 10th. This represents a dividend yield of 1.72%.

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.

Analyst Recommendations for Royal Dutch Shell Plc (LON:RDSB)

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