Royal Dutch Shell plc (LON:RDSA) Stock Rating Reaffirmed by Credit Suisse Group

Credit Suisse Group reaffirmed their outperform rating on shares of Royal Dutch Shell plc (LON:RDSA) in a report issued on Thursday, November 9th. Credit Suisse Group currently has a GBX 2,635 ($34.66) price objective on the stock.

A number of other equities research analysts have also recently weighed in on RDSA. Barclays PLC reaffirmed an overweight rating and set a GBX 2,750 ($36.17) price target on shares of Royal Dutch Shell plc in a report on Tuesday, August 15th. Morgan Stanley boosted their target price on Royal Dutch Shell plc from GBX 2,770 ($36.43) to GBX 2,930 ($38.54) and gave the stock a top pick rating in a report on Tuesday, November 7th. Deutsche Bank AG boosted their target price on Royal Dutch Shell plc from GBX 2,450 ($32.22) to GBX 2,675 ($35.18) and gave the stock a buy rating in a report on Sunday, November 5th. reissued a buy rating and set a GBX 2,500 ($32.88) target price on shares of Royal Dutch Shell plc in a report on Monday, October 16th. Finally, Macquarie reissued a neutral rating and set a GBX 2,150 ($28.28) target price on shares of Royal Dutch Shell plc in a report on Monday, July 24th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of Buy and an average target price of GBX 2,582.50 ($33.97).

Shares of Royal Dutch Shell plc (RDSA) traded down GBX 1 ($0.01) during midday trading on Thursday, reaching GBX 2,330 ($30.65). 6,024,607 shares of the company’s stock were exchanged, compared to its average volume of 5,610,000. Royal Dutch Shell plc has a 1 year low of GBX 1,929.50 ($25.38) and a 1 year high of GBX 2,516.32 ($33.10).

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The company also recently announced a dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Thursday, November 16th will be given a dividend of $0.47 per share. This represents a yield of 1.5%. The ex-dividend date of this dividend is Thursday, November 16th.

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

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