Royal Dutch Shell Plc (RDSA) Receives Overweight Rating from Barclays PLC

Barclays PLC restated their overweight rating on shares of Royal Dutch Shell Plc (LON:RDSA) in a research report sent to investors on Tuesday, July 25th. Barclays PLC currently has a GBX 2,750 ($35.70) price objective on the stock.

Other research analysts have also recently issued reports about the company. Jefferies Group LLC reiterated a buy rating and issued a GBX 2,700 ($35.05) price objective on shares of Royal Dutch Shell Plc in a report on Friday, May 5th. Macquarie lowered Royal Dutch Shell Plc to a neutral rating and cut their target price for the company from GBX 2,400 ($31.16) to GBX 2,150 ($27.91) in a research report on Wednesday, June 21st. J P Morgan Chase & Co cut their target price on Royal Dutch Shell Plc from GBX 2,600 ($33.75) to GBX 2,400 ($31.16) and set an overweight rating on the stock in a research report on Thursday, July 13th. Credit Suisse Group boosted their target price on Royal Dutch Shell Plc from GBX 2,450 ($31.81) to GBX 2,500 ($32.45) and gave the company an outperform rating in a research report on Friday, May 5th. Finally, Deutsche Bank AG cut their target price on Royal Dutch Shell Plc from GBX 2,500 ($32.45) to GBX 2,400 ($31.16) and set a buy rating on the stock in a research report on Wednesday, July 5th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating to the stock. Royal Dutch Shell Plc currently has a consensus rating of Buy and a consensus price target of GBX 2,407.14 ($31.25).

Shares of Royal Dutch Shell Plc (RDSA) traded down 0.49% on Tuesday, reaching GBX 2114.50. The company’s stock had a trading volume of 6,090,086 shares. The company’s 50-day moving average is GBX 2,102.27 and its 200 day moving average is GBX 2,103.32. Royal Dutch Shell Plc has a 12-month low of GBX 1,791.00 and a 12-month high of GBX 2,295.50.

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The business also recently disclosed a dividend, which will be paid on Monday, September 18th. Shareholders of record on Thursday, August 10th will be paid a $0.47 dividend. The ex-dividend date is Thursday, August 10th. This represents a yield of 1.73%.