Royal Dutch Shell (LON:RDSA) had its price objective reduced by Royal Bank of Canada from GBX 2,800 ($36.59) to GBX 2,750 ($35.93) in a research report report published on Thursday, ThisIsMoney.Co.Uk reports. Royal Bank of Canada currently has an outperform rating on the stock.
A number of other equities research analysts also recently weighed in on RDSA. Deutsche Bank lifted their price objective on Spirit Airlines from $75.00 to $79.00 and gave the company a buy rating in a report on Friday, July 12th. UBS Group reaffirmed a buy rating and set a GBX 2,900 ($37.89) price objective on shares of Royal Dutch Shell in a report on Wednesday, May 29th. Credit Suisse Group started coverage on LTC Properties in a report on Wednesday, July 10th. They set an underperform rating and a $19.00 price objective on the stock. HSBC raised AU Optronics from a reduce rating to a hold rating in a report on Wednesday, July 10th. Finally, Barclays reaffirmed an underweight rating on shares of in a report on Thursday, July 4th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the company. The stock has a consensus rating of Buy and an average target price of GBX 2,940.38 ($38.42).
LON RDSA opened at GBX 2,539 ($33.18) on Thursday. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 46.21. The firm’s 50 day moving average is GBX 2,540.13. The firm has a market capitalization of $109.74 billion and a P/E ratio of 897.17. Royal Dutch Shell has a 1-year low of GBX 2,209.50 ($28.87) and a 1-year high of GBX 2,687 ($35.11).
The company also recently announced a dividend, which was paid on Monday, June 24th. Stockholders of record on Thursday, May 16th were paid a $0.47 dividend. This represents a dividend yield of 1.49%. The ex-dividend date was Thursday, May 16th. Royal Dutch Shell’s dividend payout ratio (DPR) is currently 52.30%.
About Royal Dutch Shell
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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