Citigroup Reaffirms Sell Rating for Royal Dutch Shell (RDSA)

Citigroup reaffirmed their sell rating on shares of Royal Dutch Shell (LON:RDSA) in a report issued on Thursday morning. They currently have a GBX 2,200 ($30.40) price target on the stock.

A number of other brokerages have also commented on RDSA. JPMorgan Chase & Co. upped their price target on Royal Dutch Shell from GBX 2,850 ($39.38) to GBX 2,950 ($40.76) and gave the stock an overweight rating in a report on Monday, January 22nd. Morgan Stanley upped their price target on Royal Dutch Shell from GBX 2,930 ($40.48) to GBX 3,040 ($42.00) and gave the stock a top pick rating in a report on Monday, January 8th. Barclays reiterated an overweight rating and set a GBX 3,000 ($41.45) price target on shares of Royal Dutch Shell in a report on Friday, January 19th. Jefferies Group reiterated a buy rating and set a GBX 2,720 ($37.58) price target (up from GBX 2,650 ($36.61)) on shares of Royal Dutch Shell in a report on Monday, December 18th. Finally, Credit Suisse Group reiterated an outperform rating and set a GBX 2,725 ($37.65) price target on shares of Royal Dutch Shell in a report on Thursday, February 1st. One analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company’s stock. Royal Dutch Shell presently has an average rating of Buy and an average price target of GBX 2,645.83 ($36.55).

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Royal Dutch Shell stock opened at GBX 2,199 ($30.38) on Thursday. Royal Dutch Shell has a 1-year low of GBX 1,982.50 ($27.39) and a 1-year high of GBX 2,579.50 ($35.64). The company has a market capitalization of $205,270.00 and a P/E ratio of 1,099.50.

The company also recently disclosed a dividend, which will be paid on Monday, March 26th. Stockholders of record on Thursday, February 15th will be given a dividend of $0.47 per share. This represents a dividend yield of 1.37%. The ex-dividend date of this dividend is Thursday, February 15th.

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Analyst Recommendations for Royal Dutch Shell (LON:RDSA)

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