Royal Dutch Shell (LON:RDSA) had its price target decreased by JPMorgan Chase & Co. from GBX 3,300 ($42.99) to GBX 3,100 ($40.38) in a report released on Tuesday, September 11th. JPMorgan Chase & Co. currently has an overweight rating on the stock.
A number of other equities analysts have also recently weighed in on RDSA. Royal Bank of Canada set a GBX 3,000 ($39.08) price objective on Royal Dutch Shell and gave the company a buy rating in a report on Monday, July 2nd. Barclays set a GBX 3,250 ($42.33) price target on Royal Dutch Shell and gave the stock a buy rating in a research report on Monday, July 2nd. BNP Paribas restated an outperform rating on shares of Royal Dutch Shell in a research report on Monday, June 25th. Credit Suisse Group set a GBX 3,175 ($41.36) price target on Royal Dutch Shell and gave the stock a buy rating in a research report on Friday, July 27th. Finally, UBS Group restated a buy rating and set a GBX 3,000 ($39.08) price target on shares of Royal Dutch Shell in a research report on Tuesday, June 19th. One analyst has 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. Royal Dutch Shell presently has a consensus rating of Buy and an average price target of GBX 2,896.18 ($37.73).
Shares of LON RDSA traded up GBX 116.50 ($1.52) during trading hours on Tuesday, reaching GBX 2,598 ($33.84). 4,773,203 shares of the stock traded hands, compared to its average volume of 6,420,000. Royal Dutch Shell has a 52-week low of GBX 1,982.50 ($25.82) and a 52-week high of GBX 2,579.50 ($33.60).
The company also recently declared a dividend, which was paid on Monday, September 17th. Investors of record on Thursday, August 9th were given a dividend of $0.47 per share. The ex-dividend date was Thursday, August 9th. This represents a dividend yield of 1.38%.
About Royal Dutch Shell
Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for and extracts crude oil, natural gas, and natural gas liquids. The company also liquefies gas; converts natural gas to liquids to provide fuels and other products; markets and transports oil and gas; and extracts bitumen from mined oil sands and converts it to synthetic crude oil.
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