Royal Dutch Shell Plc’s (RDSA) Overweight Rating Reiterated at Barclays PLC

Barclays PLC restated their overweight rating on shares of Royal Dutch Shell Plc (LON:RDSA) in a research note issued to investors on Tuesday morning. They currently have a GBX 2,750 ($35.70) target price on the stock.

RDSA has been the topic of several other research reports. J P Morgan Chase & Co reaffirmed an overweight rating and issued a GBX 2,600 ($33.75) price target on shares of Royal Dutch Shell Plc in a report on Wednesday, June 14th. Citigroup Inc. cut Royal Dutch Shell Plc to a sell rating in a report on Wednesday, April 19th. Jefferies Group LLC reaffirmed a buy rating and issued a GBX 2,600 ($33.75) price target on shares of Royal Dutch Shell Plc in a report on Thursday, July 13th. Credit Suisse Group raised their price target on Royal Dutch Shell Plc from GBX 2,450 ($31.81) to GBX 2,500 ($32.45) and gave the company an outperform rating in a report on Friday, May 5th. Finally, Macquarie cut Royal Dutch Shell Plc to a neutral rating and lowered their price target for the company from GBX 2,400 ($31.16) to GBX 2,150 ($27.91) in a report on Wednesday, June 21st. Two analysts have rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the company’s stock. Royal Dutch Shell Plc presently has an average rating of Buy and an average target price of GBX 2,407.14 ($31.25).

Royal Dutch Shell Plc (RDSA) opened at 2114.50 on Tuesday. The firm’s 50-day moving average price is GBX 2,102.27 and its 200 day moving average price is GBX 2,103.32. Royal Dutch Shell Plc has a 52 week low of GBX 1,791.00 and a 52 week high of GBX 2,295.50.

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The company also recently disclosed a dividend, which will be paid on Monday, September 18th. Investors of record on Thursday, August 10th will be issued a dividend of $0.47 per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a dividend yield of 1.73%.

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

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