Royal Dutch Shell (LON:RDSB) Given a GBX 2,980 Price Target at Goldman Sachs

Goldman Sachs set a GBX 2,980 ($42.67) price objective on Royal Dutch Shell (LON:RDSB) in a report published on Thursday, April 12th. The firm currently has a buy rating on the stock.

RDSB has been the topic of a number of other research reports. Deutsche Bank set a GBX 2,700 ($38.66) target price on shares of Royal Dutch Shell and gave the company a buy rating in a research note on Friday, January 12th. Barclays restated an overweight rating and set a GBX 3,000 ($42.96) target price on shares of Royal Dutch Shell in a research note on Friday, February 2nd. Societe Generale lifted their target price on shares of Royal Dutch Shell from GBX 2,660 ($38.09) to GBX 2,750 ($39.38) and gave the company a hold rating in a research note on Tuesday, January 30th. Royal Bank of Canada restated an outperform rating and set a GBX 2,800 ($40.09) target price on shares of Royal Dutch Shell in a research note on Tuesday, January 2nd. Finally, Credit Suisse Group set a GBX 2,725 ($39.02) target price on shares of Royal Dutch Shell and gave the company a buy rating in a research note on Friday, January 5th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and sixteen have given a buy rating to the company. The stock currently has an average rating of Buy and an average target price of GBX 2,601.37 ($37.25).

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Shares of Royal Dutch Shell stock opened at GBX 2,548 ($36.48) on Thursday. Royal Dutch Shell has a 1-year low of GBX 2,037 ($29.17) and a 1-year high of GBX 2,617 ($37.47).

The business also recently declared a dividend, which was paid on Monday, March 26th. Shareholders of record on Thursday, February 15th were issued a $0.47 dividend. The ex-dividend date was Thursday, February 15th. This represents a yield of 1.35%.

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About Royal Dutch Shell

Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for and extracts crude oil, natural gas, and natural gas liquids. The company also liquefies gas; converts natural gas to liquids to provide fuels and other products; markets and transports oil and gas; and extracts bitumen from mined oil sands and converts it to synthetic crude oil.

Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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