Royal Dutch Shell (RDSB) PT Set at GBX 2,850 by J P Morgan Chase & Co

J P Morgan Chase & Co set a GBX 2,850 ($38.36) target price on Royal Dutch Shell (LON:RDSB) in a report published on Friday. The brokerage currently has a buy rating on the stock.

Other equities research analysts also recently issued research reports about the company. Goldman Sachs Group reaffirmed a buy rating and issued a GBX 2,580 ($34.72) target price on shares of Royal Dutch Shell in a research report on Monday, October 2nd. Beaufort Securities reaffirmed a buy rating and issued a GBX 2,500 ($33.65) target price on shares of Royal Dutch Shell in a research report on Thursday, September 21st. BNP Paribas set a GBX 2,400 ($32.30) target price on Royal Dutch Shell and gave the stock a buy rating in a research report on Tuesday, September 5th. Deutsche Bank set a GBX 2,450 ($32.97) target price on Royal Dutch Shell and gave the stock a buy rating in a research report on Monday, September 4th. Finally, Jefferies Group set a GBX 2,470 ($33.24) target price on Royal Dutch Shell and gave the stock a buy rating in a research report on Tuesday, August 29th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and fifteen have issued a buy rating to the company. Royal Dutch Shell presently has an average rating of Buy and a consensus target price of GBX 2,573.68 ($34.64).

Shares of Royal Dutch Shell (RDSB) opened at GBX 2,412.50 ($32.47) on Friday. Royal Dutch Shell has a 1 year low of GBX 2,037 ($27.42) and a 1 year high of GBX 2,580.53 ($34.73).

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

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Royal Dutch Shell 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 (LON:RDSB)

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