Royal Dutch Shell (RDSB) Given a GBX 2,785 Price Target at HSBC

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HSBC set a GBX 2,785 ($36.39) price objective on Royal Dutch Shell (LON:RDSB) in a research report released on Thursday. The brokerage currently has a neutral rating on the stock.

Other analysts have also recently issued reports about the stock. Goldman Sachs Group increased their price target on shares of Royal Dutch Shell from GBX 3,150 ($41.16) to GBX 3,300 ($43.12) and gave the company a buy rating in a research note on Monday, January 7th. UBS Group set a GBX 2,950 ($38.55) price objective on shares of Royal Dutch Shell and gave the stock a buy rating in a report on Friday, January 4th. Credit Suisse Group set a GBX 3,030 ($39.59) target price on shares of Royal Dutch Shell and gave the company a buy rating in a research report on Monday, December 31st. JPMorgan Chase & Co. set a GBX 2,800 ($36.59) price objective on shares of Royal Dutch Shell and gave the company a buy rating in a research report on Wednesday, December 5th. Finally, Royal Bank of Canada set a GBX 3,200 ($41.81) target price on shares of Royal Dutch Shell and gave the stock a buy rating in a report on Wednesday, November 14th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of Hold and an average target price of GBX 2,922.31 ($38.19).

LON:RDSB traded up GBX 13.50 ($0.18) during mid-day trading on Thursday, hitting GBX 2,403.50 ($31.41). The company’s stock had a trading volume of 5,062,966 shares, compared to its average volume of 5,080,000. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 37.93. The firm has a market capitalization of $89.93 billion and a PE ratio of 8.58. Royal Dutch Shell has a fifty-two week low of GBX 2,194 ($28.67) and a fifty-two week high of GBX 2,844.50 ($37.17).

The firm also recently announced a dividend, which will be paid on Monday, March 25th. Stockholders of record on Thursday, February 14th will be issued a dividend of $0.47 per share. This represents a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, February 14th. Royal Dutch Shell’s dividend payout ratio (DPR) is presently 0.53%.

About Royal Dutch Shell

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.

Further Reading: Sell-Side Analysts

Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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