Royal Dutch Shell plc (LON:RDSB) Given “Overweight” Rating at J P Morgan Chase & Co

J P Morgan Chase & Co reaffirmed their overweight rating on shares of Royal Dutch Shell plc (LON:RDSB) in a research note released on Thursday, November 9th. J P Morgan Chase & Co currently has a GBX 2,650 ($34.85) price target on the stock.

Other analysts have also issued reports about the stock. restated a buy rating and issued a GBX 2,500 ($32.88) price target on shares of Royal Dutch Shell plc in a research report on Wednesday, July 19th. Morgan Stanley set a GBX 2,560 ($33.67) price target on shares of Royal Dutch Shell plc and gave the stock a buy rating in a research report on Monday, July 17th. Goldman Sachs Group, Inc. (The) raised their price target on shares of Royal Dutch Shell plc from GBX 2,440 ($32.09) to GBX 2,490 ($32.75) and gave the stock a buy rating in a research report on Thursday, July 13th. UBS AG set a GBX 2,550 ($33.54) target price on shares of Royal Dutch Shell plc and gave the company a buy rating in a research report on Thursday, July 27th. Finally, Societe Generale decreased their target price on shares of Royal Dutch Shell plc from GBX 2,500 ($32.88) to GBX 2,350 ($30.91) and set a buy rating on the stock in a research report on Thursday, July 27th. One analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. Royal Dutch Shell plc presently has an average rating of Buy and an average price target of GBX 2,545.88 ($33.49).

Shares of Royal Dutch Shell plc (LON:RDSB) opened at GBX 2,373 ($31.21) on Thursday. Royal Dutch Shell plc has a 12-month low of GBX 2,012 ($26.46) and a 12-month high of GBX 2,580.53 ($33.94).

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The business also recently announced a dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Thursday, November 16th will be paid a $0.47 dividend. This represents a dividend yield of 1.47%. The ex-dividend date of this dividend is Thursday, November 16th.

Royal Dutch Shell plc Company Profile

The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.

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

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