Credit Suisse Group Analysts Give Royal Dutch Shell (LON:RDSB) a GBX 3,090 Price Target

Credit Suisse Group set a GBX 3,090 ($40.38) price objective on Royal Dutch Shell (LON:RDSB) in a research report report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other equities analysts have also recently issued reports about the company. Goldman Sachs Group raised to a buy rating and set a GBX 1,180 ($15.42) target price for the company in a report on Tuesday, June 4th. Barclays reissued an underweight rating on shares of in a report on Thursday, July 4th. Deutsche Bank increased their target price on Spirit Airlines from $75.00 to $79.00 and gave the stock a buy rating in a report on Friday, July 12th. Jefferies Financial Group started coverage on in a report on Wednesday, June 12th. They issued a hold rating and a GBX 250 ($3.27) target price for the company. Finally, Societe Generale raised Royal Dutch Shell to a buy rating in a report on Friday, May 31st. Three research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Royal Dutch Shell presently has an average rating of Buy and a consensus target price of GBX 2,996.54 ($39.16).

Shares of RDSB opened at GBX 2,542.50 ($33.22) on Wednesday. Royal Dutch Shell has a 1 year low of GBX 2,227 ($29.10) and a 1 year high of GBX 2,757.50 ($36.03). The company has a debt-to-equity ratio of 46.21, a quick ratio of 0.80 and a current ratio of 1.16. The stock has a 50 day moving average of GBX 2,558.93. The firm has a market cap of $95.23 billion and a PE ratio of 8.98.

The firm also recently declared a dividend, which was paid on Monday, June 24th. Investors of record on Thursday, May 16th were given a dividend of $0.47 per share. The ex-dividend date of this dividend was Thursday, May 16th. This represents a yield of 1.48%. Royal Dutch Shell’s dividend payout ratio (DPR) is presently 0.52%.

Royal Dutch Shell Company Profile

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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Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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