Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “overweight” rating reiterated by JPMorgan Chase & Co. in a report released on Thursday. They currently have a GBX 2,500 ($31.01) price target on the stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 18.01% from the company’s previous close.

Several other analysts have also recently weighed in on RDSB. Goldman Sachs Group Inc. set a GBX 2,230 ($27.66) price objective on shares of Royal Dutch Shell Plc and gave the stock a “buy” rating in a research note on Friday, August 5th. Barclays PLC reissued an “outperform” rating and issued a GBX 2,850 ($35.36) price objective on shares of Royal Dutch Shell Plc in a research note on Thursday, August 25th. Royal Bank Of Canada reissued a “sector performer” rating and issued a GBX 2,100 ($26.05) price objective on shares of Royal Dutch Shell Plc in a research note on Tuesday, September 6th. HSBC reissued a “buy” rating and issued a GBX 2,250 ($27.91) price objective on shares of Royal Dutch Shell Plc in a research note on Wednesday, September 7th. Finally, Panmure Gordon reissued a “buy” rating and issued a GBX 2,300 ($28.53) price objective on shares of Royal Dutch Shell Plc in a research note on Wednesday, October 5th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 2,075.74 ($25.75).

Analyst Recommendations for Royal Dutch Shell Plc (LON:RDSB)

Royal Dutch Shell Plc (LON:RDSB) opened at 2177.50 on Thursday. The stock has a 50 day moving average price of GBX 2,133.51 and a 200 day moving average price of GBX 1,981.58. Royal Dutch Shell Plc has a one year low of GBX 1,261.03 and a one year high of GBX 2,251.50. The company’s market cap is GBX 175.38 billion.

The firm also recently declared a dividend, which will be paid on Friday, December 16th. Investors of record on Thursday, November 10th will be paid a dividend of GBX 0.47 ($0.01) per share. This represents a dividend yield of 1.75%. The ex-dividend date of this dividend is Thursday, November 10th.

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Royal Dutch Shell Plc Company Profile

Royal Dutch Shell plc (Shell) is an independent oil and gas company. The Company explores for crude oil and natural gas across the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company is engaged in the principal aspects of the oil and gas industry in approximately 70 countries.

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