Credit Suisse Group Analysts Give Royal Dutch Shell (LON:RDSB) a GBX 1,815 Price Target

Credit Suisse Group set a GBX 1,815 ($23.71) target price on Royal Dutch Shell (LON:RDSB) in a research report report published on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other research firms have also recently weighed in on RDSB. Berenberg Bank set a GBX 1,570 ($20.51) price target on Royal Dutch Shell and gave the stock a buy rating in a report on Friday, February 12th. Barclays reaffirmed a neutral rating and issued a GBX 1,700 ($22.21) price target on shares of Royal Dutch Shell in a report on Thursday, April 8th. UBS Group set a GBX 1,860 ($24.30) price target on Royal Dutch Shell and gave the stock a buy rating in a report on Thursday, April 8th. The Goldman Sachs Group set a GBX 2,000 ($26.13) price target on Royal Dutch Shell and gave the stock a neutral rating in a report on Tuesday, March 30th. Finally, Jefferies Financial Group set a GBX 1,780 ($23.26) price target on Royal Dutch Shell and gave the stock a buy rating in a report on Wednesday, April 7th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of GBX 1,820.83 ($23.79).

Shares of RDSB opened at GBX 1,364 ($17.82) on Tuesday. Royal Dutch Shell has a 52 week low of GBX 845.10 ($11.04) and a 52 week high of GBX 1,523 ($19.90). The company has a quick ratio of 0.84, a current ratio of 1.23 and a debt-to-equity ratio of 68.13. The company has a market capitalization of £106.49 billion and a price-to-earnings ratio of -6.72. The stock’s 50-day moving average price is GBX 1,407.26 and its 200-day moving average price is GBX 1,254.61.

The business also recently declared a dividend, which was paid on Monday, March 29th. Investors of record on Thursday, February 18th were issued a $0.17 dividend. The ex-dividend date of this dividend was Thursday, February 18th. This represents a dividend yield of 0.96%. Royal Dutch Shell’s dividend payout ratio is presently -0.47%.

Royal Dutch Shell Company Profile

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, Oil Products, Chemicals 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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