Barclays Reaffirms “Overweight” Rating for Royal Dutch Shell (RDSA)

Barclays reaffirmed their overweight rating on shares of Royal Dutch Shell (LON:RDSA) in a research report sent to investors on Tuesday morning. They currently have a GBX 3,250 ($43.27) target price on the stock.

A number of other research firms have also weighed in on RDSA. Royal Bank of Canada boosted their target price on shares of Royal Dutch Shell from GBX 2,500 ($33.28) to GBX 2,800 ($37.28) and gave the stock an outperform rating in a report on Tuesday, April 10th. Citigroup reissued a sell rating and set a GBX 2,200 ($29.29) target price on shares of Royal Dutch Shell in a report on Thursday, March 22nd. Deutsche Bank reissued a buy rating on shares of Royal Dutch Shell in a report on Friday, April 6th. HSBC boosted their price target on shares of Royal Dutch Shell from GBX 2,560 ($34.08) to GBX 2,595 ($34.55) and gave the stock a hold rating in a research report on Tuesday, April 17th. Finally, Jefferies Financial Group boosted their price target on shares of Royal Dutch Shell from GBX 2,720 ($36.21) to GBX 3,180 ($42.34) and gave the stock a buy rating in a research report on Thursday, April 26th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of Buy and an average target price of GBX 2,732.83 ($36.38).

RDSA opened at GBX 2,590 ($34.48) on Tuesday. Royal Dutch Shell has a fifty-two week low of GBX 1,982.50 ($26.39) and a fifty-two week high of GBX 2,579.50 ($34.34).



The company also recently declared a dividend, which will be paid on Monday, June 18th. Stockholders of record on Thursday, May 10th will be given a $0.47 dividend. The ex-dividend date is Thursday, May 10th. This represents a dividend yield of 1.35%.

Royal Dutch Shell Company Profile

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.

Analyst Recommendations for Royal Dutch Shell (LON:RDSA)

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