Piper Jaffray Companies set a $62.00 target price on Royal Dutch Shell PLC (NYSE:RDS.A) in a report released on Friday. The firm currently has a buy rating on the energy company’s stock.

Other analysts have also recently issued research reports about the stock. Scotiabank set a $54.00 price objective on shares of Royal Dutch Shell PLC and gave the company a hold rating in a research note on Saturday, July 1st. Jefferies Group LLC set a $65.00 price objective on shares of Royal Dutch Shell PLC and gave the company a buy rating in a research note on Saturday, June 24th. Zacks Investment Research upgraded shares of Royal Dutch Shell PLC from a sell rating to a hold rating in a research note on Monday, August 7th. Societe Generale upgraded shares of Royal Dutch Shell PLC from a hold rating to a buy rating in a research note on Friday, May 5th. Finally, TheStreet upgraded shares of Royal Dutch Shell PLC from a c rating to a b- rating in a research note on Thursday, May 4th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of $57.38.

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The firm also recently announced a quarterly dividend, which will be paid on Monday, September 18th. Shareholders of record on Friday, August 11th will be issued a dividend of $0.799 per share. The ex-dividend date is Wednesday, August 9th. This represents a $3.20 annualized dividend and a yield of Infinity. Royal Dutch Shell PLC’s dividend payout ratio (DPR) is currently 163.27%.

Royal Dutch Shell PLC 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 PLC (NYSE:RDS.A)

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