Royal Dutch Shell Plc (RDSB) PT Set at GBX 2,500 by Credit Suisse Group

Royal Dutch Shell Plc (LON:RDSB) has been given a GBX 2,500 ($31.80) target price by investment analysts at Credit Suisse Group in a research note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Credit Suisse Group’s target price suggests a potential upside of 18.88% from the stock’s previous close.

A number of other equities analysts also recently commented on RDSB. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 2,600 ($33.07) price objective on shares of Royal Dutch Shell Plc in a report on Monday, February 27th. Barclays PLC restated an “overweight” rating and issued a GBX 2,800 ($35.61) price objective on shares of Royal Dutch Shell Plc in a report on Friday, March 3rd. Goldman Sachs Group, Inc. (The) set a GBX 2,400 ($30.53) price objective on Royal Dutch Shell Plc and gave the stock a “buy” rating in a report on Monday, March 6th. Royal Bank Of Canada raised their price objective on Royal Dutch Shell Plc from GBX 2,500 ($31.80) to GBX 2,600 ($33.07) and gave the stock an “outperform” rating in a report on Monday, March 13th. Finally, Deutsche Bank AG restated a “buy” rating and issued a GBX 2,500 ($31.80) price objective on shares of Royal Dutch Shell Plc in a report on Monday, March 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of GBX 2,434.72 ($30.97).

Royal Dutch Shell Plc (LON:RDSB) opened at 2103.00 on Friday. The company’s market capitalization is GBX 171.50 billion. Royal Dutch Shell Plc has a 12-month low of GBX 1,775.50 and a 12-month high of GBX 2,403.68. The stock has a 50 day moving average of GBX 2,150.08 and a 200-day moving average of GBX 2,215.50.

The firm also recently disclosed a dividend, which was paid on Monday, June 26th. Shareholders of record on Thursday, May 18th were paid a dividend of $0.47 per share. The ex-dividend date of this dividend was Thursday, May 18th. This represents a yield of 1.77%.

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Royal Dutch Shell Plc 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 Plc (LON:RDSB)

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