Royal Bank of Canada Reiterates “Sector Performer” Rating for Royal Dutch Shell (LON:RDSB)

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Royal Dutch Shell (LON:RDSB)‘s stock had its “sector performer” rating restated by analysts at Royal Bank of Canada in a research note issued on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other research firms also recently weighed in on RDSB. Credit Suisse Group set a GBX 3,175 ($41.49) price target on Royal Dutch Shell and gave the company a “buy” rating in a research note on Wednesday, May 22nd. Goldman Sachs Group set a GBX 3,350 ($43.77) price target on Royal Dutch Shell and gave the company a “buy” rating in a research note on Friday, May 17th. HSBC increased their price target on Royal Dutch Shell from GBX 2,740 ($35.80) to GBX 2,860 ($37.37) and gave the company a “buy” rating in a research note on Friday, June 7th. Jefferies Financial Group set a GBX 3,050 ($39.85) price target on Royal Dutch Shell and gave the company a “buy” rating in a research note on Wednesday, June 12th. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 2,700 ($35.28) price target on shares of Royal Dutch Shell in a research note on Thursday, May 16th. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 2,987.50 ($39.04).

RDSB stock opened at GBX 2,556 ($33.40) on Tuesday. The company has a debt-to-equity ratio of 46.21, a quick ratio of 0.80 and a current ratio of 1.16. The firm has a market capitalization of $95.55 billion and a PE ratio of 9.03. Royal Dutch Shell has a twelve month low of GBX 2,227 ($29.10) and a twelve month high of GBX 2,792.50 ($36.49).

About Royal Dutch Shell

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.

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Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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