Royal Dutch Shell Plc (RDSB) Given a GBX 2,660 Price Target at Societe Generale

Societe Generale set a GBX 2,660 ($35.10) price target on Royal Dutch Shell Plc (LON:RDSB) in a research report released on Friday morning. The firm currently has a neutral rating on the stock.

Several other brokerages have also recently commented on RDSB. Barclays PLC reiterated an overweight rating and issued a GBX 2,850 ($37.61) target price on shares of Royal Dutch Shell Plc in a report on Friday. J P Morgan Chase & Co set a GBX 2,650 ($34.97) target price on shares of Royal Dutch Shell Plc and gave the stock a buy rating in a report on Friday. Royal Bank Of Canada reiterated an outperform rating and issued a GBX 2,500 ($32.99) target price on shares of Royal Dutch Shell Plc in a report on Wednesday. UBS Group AG (USA) set a GBX 2,550 ($33.65) target price on shares of Royal Dutch Shell Plc and gave the stock a buy rating in a report on Thursday. Finally, Macquarie reiterated a neutral rating and issued a GBX 2,150 ($28.37) target price on shares of Royal Dutch Shell Plc in a report on Thursday, October 26th. One analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of GBX 2,497.06 ($32.95).

Shares of Royal Dutch Shell Plc (LON:RDSB) traded up GBX 54.50 ($0.72) on Friday, hitting GBX 2,471.50 ($32.61). 4,923,825 shares of the company’s stock traded hands, compared to its average volume of 4,540,000. Royal Dutch Shell Plc has a one year low of GBX 2,006 ($26.47) and a one year high of GBX 2,501 ($33.00).

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

About Royal Dutch Shell Plc

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.

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