Royal Dutch Shell Plc (LON:RDSB) has been given a consensus rating of “Buy” by the nineteen research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and sixteen have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 2,412.89 ($32.01).

RDSB has been the topic of several analyst reports. J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 2,600 ($34.49) target price on shares of Royal Dutch Shell Plc in a research note on Wednesday, June 14th. Macquarie downgraded Royal Dutch Shell Plc to a “neutral” rating and lowered their target price for the company from GBX 2,400 ($31.83) to GBX 2,150 ($28.52) in a research note on Wednesday, June 21st. Deutsche Bank AG set a GBX 2,450 ($32.50) target price on Royal Dutch Shell Plc and gave the company a “buy” rating in a research note on Monday, September 4th. Canaccord Genuity reiterated a “sell” rating and issued a GBX 1,900 ($25.20) target price on shares of Royal Dutch Shell Plc in a research note on Friday, July 21st. Finally, BNP Paribas set a GBX 2,400 ($31.83) target price on Royal Dutch Shell Plc and gave the company a “buy” rating in a research note on Tuesday, September 5th.

COPYRIGHT VIOLATION NOTICE: This story was first posted by Watch List News and is the property of of Watch List News. If you are accessing this story on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark law. The legal version of this story can be viewed at https://www.watchlistnews.com/royal-dutch-shell-plc-rdsb-receives-average-rating-of-buy-from-analysts/1615997.html.

Shares of Royal Dutch Shell Plc (LON:RDSB) traded down 0.58% during midday trading on Friday, reaching GBX 2331.50. The company had a trading volume of 3,794,928 shares. Royal Dutch Shell Plc has a 52-week low of GBX 2,006.00 and a 52-week high of GBX 2,403.68. The company’s 50 day moving average price is GBX 2,207.28 and its 200 day moving average price is GBX 2,160.86. The stock’s market capitalization is GBX 191.48 billion.

The company also recently disclosed a dividend, which was paid on Monday, September 18th. Investors of record on Thursday, August 10th were issued a dividend of $0.47 per share. The ex-dividend date was Thursday, August 10th. This represents a 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)

Receive News & Ratings for Royal Dutch Shell Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.