Royal Dutch Shell Plc (RDSB) Given a GBX 2,550 Price Target by UBS AG Analysts
UBS AG set a GBX 2,550 ($33.22) price target on Royal Dutch Shell Plc (LON:RDSB) in a research report sent to investors on Thursday, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
Several other equities research analysts have also recently issued reports on the company. J P Morgan Chase & Co reiterated an overweight rating and issued a GBX 2,600 ($33.87) price objective on shares of Royal Dutch Shell Plc in a report on Wednesday, June 14th. Canaccord Genuity reiterated a sell rating and issued a GBX 1,900 ($24.75) price objective on shares of Royal Dutch Shell Plc in a report on Monday, May 8th. Barclays PLC reiterated an overweight rating and issued a GBX 2,750 ($35.83) price objective on shares of Royal Dutch Shell Plc in a report on Friday, May 5th. Deutsche Bank AG reiterated a buy rating on shares of Royal Dutch Shell Plc in a report on Tuesday, April 4th. Finally, HSBC Holdings plc reiterated a buy rating and issued a GBX 2,700 ($35.17) price objective on shares of Royal Dutch Shell Plc in a report on Thursday, April 13th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and fifteen have given a buy rating to the company’s stock. Royal Dutch Shell Plc currently has a consensus rating of Buy and an average price target of GBX 2,411.32 ($31.41).
The company also recently declared a dividend, which will be paid on Monday, September 18th. Stockholders of record on Thursday, August 10th will be given a dividend of $0.47 per share. This represents a dividend yield of 1.72%. The ex-dividend date is Thursday, August 10th.
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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