Citigroup restated their sell rating on shares of Royal Dutch Shell (LON:RDSA) in a research note issued to investors on Wednesday, November 29th. They currently have a GBX 2,050 ($27.59) target price on the stock.
Several other research analysts have also weighed in on RDSA. Barclays reiterated an overweight rating and set a GBX 2,750 ($37.01) target price on shares of Royal Dutch Shell in a report on Tuesday, August 15th. Credit Suisse Group reissued an outperform rating and issued a GBX 2,635 ($35.46) price target on shares of Royal Dutch Shell in a research note on Wednesday, November 29th. reissued a buy rating and issued a GBX 2,500 ($33.65) price target on shares of Royal Dutch Shell in a research note on Monday, October 16th. Deutsche Bank lifted their price target on Royal Dutch Shell from GBX 2,450 ($32.97) to GBX 2,675 ($36.00) and gave the company a buy rating in a research note on Sunday, November 5th. Finally, Morgan Stanley lifted their price target on Royal Dutch Shell from GBX 2,770 ($37.28) to GBX 2,930 ($39.43) and gave the company a top pick rating in a research note on Tuesday, November 7th. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of Buy and an average price target of GBX 2,595 ($34.93).
Royal Dutch Shell (LON RDSA) traded up GBX 38.06 ($0.51) during mid-day trading on Wednesday, reaching GBX 2,384.50 ($32.09). The company’s stock had a trading volume of 2,458,959 shares, compared to its average volume of 6,520,000. Royal Dutch Shell has a 52-week low of GBX 1,982.50 ($26.68) and a 52-week high of GBX 2,516.32 ($33.87).
The firm also recently declared a dividend, which will be paid on Wednesday, December 20th. Investors of record on Thursday, November 16th will be issued a dividend of $0.47 per share. This represents a yield of 1.5%. The ex-dividend date is Thursday, November 16th.
ILLEGAL ACTIVITY WARNING: This news story was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this news story on another website, it was stolen and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://ledgergazette.com/2017/12/11/citigroup-reaffirms-sell-rating-for-royal-dutch-shell-rdsa.html.
Receive News & Ratings for Royal Dutch Shell Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell Plc and related companies with MarketBeat.com's FREE daily email newsletter.