Royal Dutch Shell (LON:RDSA)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Financial Group in a research note issued on Friday, ThisIsMoney.Co.Uk reports.
Several other equities analysts have also recently weighed in on RDSA. Barclays reaffirmed an “underweight” rating on shares of in a research note on Thursday, July 4th. UBS Group reaffirmed a “buy” rating and set a GBX 2,900 ($37.89) price target on shares of Royal Dutch Shell in a research note on Wednesday, May 29th. Credit Suisse Group started coverage on shares of LTC Properties in a research note on Wednesday. They set an “underperform” rating and a $19.00 price target for the company. HSBC raised shares of AU Optronics from a “reduce” rating to a “hold” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. reaffirmed a “top pick” rating on shares of in a research note on Thursday, July 4th. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company’s stock. Royal Dutch Shell presently has an average rating of “Buy” and a consensus target price of GBX 2,956.25 ($38.63).
Shares of RDSA opened at GBX 2,588 ($33.82) on Friday. The company has a market cap of $112.04 billion and a PE ratio of 914.49. Royal Dutch Shell has a twelve month low of GBX 2,209.50 ($28.87) and a twelve month high of GBX 2,708 ($35.38). The business’s 50 day simple moving average is GBX 2,532.66. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 46.21.
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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