HSBC Holdings PLC cut shares of Royal Dutch Shell plc (LON:RDSB) to a hold rating in a research note published on Tuesday. HSBC Holdings PLC currently has GBX 2,650 ($34.85) price objective on the stock.

A number of other brokerages have also recently issued reports on RDSB. Morgan Stanley set a GBX 2,560 ($33.67) price objective on shares of Royal Dutch Shell plc and gave the company a buy rating in a research note on Monday, October 2nd. J P Morgan Chase & Co set a GBX 2,650 ($34.85) price objective on shares of Royal Dutch Shell plc and gave the company a buy rating in a research note on Friday, November 3rd. Macquarie reissued a neutral rating and issued a GBX 2,150 ($28.28) price objective on shares of Royal Dutch Shell plc in a research note on Thursday, October 26th. Deutsche Bank AG raised their target price on shares of Royal Dutch Shell plc from GBX 2,450 ($32.22) to GBX 2,675 ($35.18) and gave the company a buy rating in a research report on Monday, November 6th. Finally, Goldman Sachs Group Inc set a GBX 2,520 ($33.14) target price on shares of Royal Dutch Shell plc and gave the company a buy rating in a research report on Monday, September 11th. One analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have assigned a buy rating to the company. Royal Dutch Shell plc presently has an average rating of Buy and an average price target of GBX 2,548.89 ($33.52).

Royal Dutch Shell plc (RDSB) opened at GBX 2,385 ($31.37) on Tuesday. Royal Dutch Shell plc has a one year low of GBX 2,012 ($26.46) and a one year high of GBX 2,580.53 ($33.94).

The firm also recently declared a dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Thursday, November 16th will be issued a dividend of $0.47 per share. The ex-dividend date of this dividend is Thursday, November 16th. This represents a dividend yield of 1.47%.

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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 (LON:RDSB)

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